New Delhi, July 31 -- After months of relentless selling since March, foreign portfolio investors (FPIs) finally turned net buyers in July, investing Rs.15,412 crore in Indian equities.

The inflow follows net outflows of Rs.49,340 crore in June, Rs.32,963 crore in May, Rs.60,847 crore in April and a massive Rs.1.17 trillion in March, according to data from the National Securities Depository Ltd. (NSDL).

Despite July's turnaround, FPIs have pulled out a net Rs.2.59 trillion from Indian equities so far in 2026, far exceeding the Rs.1.66 trillion withdrawn during calendar year 2025.

Before the selling spree began, FPIs had invested Rs.22,615 crore in Indian equities in February.

Commenting on the shift, Rajesh Singla, CEO and fund manage...