Foreign portfolio investors (FPIs) were net buyers of $2.59 billion in the first 10 trading days of July, reversing the $24 billion of net outflows seen from March to May. Equity inflows totaled $1.6 billion, accounting for more than 61% of the overall inflow, with financials drawing the bulk of allocations. Analysts cited a steady rupee, heightened volatility in Korea and Taiwan, and improving Indian economic fundamentals as key drivers. The renewed foreign buying has provided a meaningful liquidity boost to Indian equities, particularly domestic indices and financial assets.