Data from the National Securities Depository show foreign portfolio investors turned net buyers in October, reversing a three-month selling streak by injecting about ₹14,610 crore into Indian equities. Market participants attribute the shift to positive macro prints, resilient corporate earnings and improved risk appetite. Analysts caution that flows can reverse with changing global yields, but note renewed foreign interest could support mid-cap liquidity and IPO pricing in the near term. Domestic retail SIP flows continue to underpin baseline demand.