Global Funds Beat Local Buyers of Indian Stocks After 17 Months

Foreign inflows into Indian equities in February are set to surpass domestic institutional demand for the first time in 17 months, aided by signs of improving earnings momentum and easing valuations.

Global funds have added a net $2.1 billion of shares through Feb. 24, topping the $1.8 billion bought by domestic peers, according to data compiled by Bloomberg. If sustained, that would be the first time since September 2024 that overseas inflows have exceeded local purchases.