New Delhi, Feb. 9 -- It appears that overseas investors have altered their bearish stance on the Indian stock market, turning net buyers in February after three consecutive months of selling through January. This shift appears to have been boosted by the interim trade deal between India and the US, even as the December quarter performance has offered mixed results so far.

The renewed interest also propelled the frontline indices to witness a sharp rally, with both the Nifty 50 and the Sensex closing last week with gains of 3.50% and 3.60%, respectively.

The broader market, which had underperformed, also got a boost, with the Nifty Midcap 100 and the Nifty Smallcap 100 indices each surging up to 4% in February so far.

After withdrawing ...