New Delhi, Nov. 8 -- It appears that foreign portfolio investors (FPIs) have changed their bearish stance towards the Indian stock market, buying domestic equities aggressively last week and pouring in a massive Rs.45,970 crore in November so far. This marks a strong turnaround after foreign investors remained net sellers for two consecutive months.

The shift in sentiment boosted the Nifty 50 by 8.6% during the week, marking its strongest weekly performance since February 2021. The rally also helped the index pare its year-to-date losses to 4.21%. At its lowest point this year, the index had fallen nearly 15% but has since recovered close to 13% from its yearly low.

In addition to equities, the inflows have also strengthened the Indian ...