Foreign investors have sold Indian equities for 19 months, wiping out 100 months of prior inflows.

Foreign investors have sold Indian equities for 19 months, wiping out 100 months of prior inflows. However, in a recent reversal, Foreign Portfolio Investors (FPIs) invested around $1.71 billion in Indian equities in the first part of August. FPIs have pumped in a total of Rs 16,621 crore into Indian equities in August so far, marking a shift in their investment strategy.