Markets Daily India

Global Funds Pile Back Into Indian Stocks as Earnings Rise, Valuations Ease

Foreigners have bought over $2.5 billion worth of shares in February.

A gold necklace at a jewelry store in Mumbai.Photographer: Dhiraj Singh/Bloomberg

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By Ashutosh Joshi

February 27, 2026 at 2:46 AM UTC

This article is for subscribers only.

Good morning...

I’m Alex Gabriel Simon, an equities reporter in Mumbai. Thank God it’s Friday.

February is set to mark a third straight month of underperformance by Indian stocks versus a broader gauge of Asian equities. But traders have reasons to be optimistic about March — not least because foreign investors have returned to the local market amid signs that earnings are improving. The focus today will be on the GDP print, as well as Mark Carney’s visit. The Canadian Prime Minister’s trip is expected to open up fresh trade avenues, including cooperation in nuclear power, oil and critical minerals. Defense stocks could also draw attention, after India and Israel said they plan to jointly produce weapons and aim to conclude a trade agreement soon.

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