Foreign flows and earnings keep Indian equities resilient into year-end

Net foreign purchases and steady domestic inflows underpinned Indian benchmarks through October’s penultimate week, even as global risks persisted. Broader indices outperformed, smallcaps rallied, and the rupee steadied versus the dollar. Traders credited robust corporate results and optimism around upcoming policy signals. Attention turns to sector rotation, with banks and capital goods in focus, while consumption names digest festival-season demand data. Markets will watch global yields and commodity trends for cues into November positioning.