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FPI buying returns to Dalal Street as global investors rethink AI bets

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Summary

Foreign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billion over the last ten trading sessions, particularly in large-cap stocks. This change in behavior may be attributed to concerns regarding the artificial intelligence trade influencing investor decisions. Globally, markets saw corrections, while Indian indices had a mixed performance in October.

Description from Times of India.

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  1. Times of India Center Factuality: Mostly factual IN
    FPI buying returns to Dalal Street as global investors rethink AI bets

    Foreign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billion over the last ten trading sessions, particularly in large-cap stocks. This change in behavior may be attributed to concerns regarding...