Foreign institutional investor (FII) selling has remained the biggest drag on Indian equities since 2024 and while recent inflows have offered some relief, domestic brokerage Elara Securities believes a broad-based return of overseas capital is still some distance away.
The brokerage said that foreign investors have been persistent sellers since the Middle East conflict began, with 82% of trading sessions witnessing net outflows from Indian equities, amounting to $32 billion.
