New Delhi, Nov. 10 -- Foreign portfolio investors (FPIs) have invested a net USD 8.2 billion in Indian equities since mid-October 2026, marking a turnaround after nearly two years of heavy selling, according to a report by global brokerage Jefferies.

In its India Equity Strategy report titled "Where Could a Revival in FPI Flows Go?", Jefferies said, "After persistent selling, FPI flows have turned positive recently, with US$8.2bn net inflows since mid-Oct."

Of the total inflows, USD 5.8 billion came in just six trading sessions in November, according to data cited in the report up to November 6.

The recovery follows sustained foreign investor selling, with FPIs withdrawing around USD 61 billion from Indian equities between September 20...