India, Aug. 1 -- By Saurav Mukherjee

Mumbai (Maharashtra) [India], August 1 (ANI): Foreign investors are beginning to look at India more favourably after months of heavy selling, with Indian equities "probably oversold", Motilal Oswal's Chairman Raamdeo Agrawal said on Saturday, while cautioning that geopolitical developments and oil prices remain key risks.

Speaking exclusively to ANI on the sidelines of the ninth edition of the Motilal Oswal Business Impact Conference (MOBIC) 2026 in Mumbai, Agrawal said a significant amount of foreign portfolio capital had already exited the country over the past two years.

"In the last two years already we have lost a lot of FPI capital. They've been completely on the outflow, particularly this yea...