Foreign portfolio investors (FPIs) turned positive in October, investing about ₹6,480 crore into Indian equities after three straight months of net outflows. Analysts cite India’s relatively stable macro-backdrop, improving domestic demand and expectations of global rate action as key drivers. The turnaround signals renewed confidence in Indian stocks among global investors, which could sustain into the upcoming festive and earnings season. Market participants note that the inflow pattern strengthens hopes of better market breadth and lower volatility in the near term.