FIIs aid December recovery as they turn buyers, buy equities worth Rs 14,435 crore

Foreign institutional investors (FIIs) returned to buying Indian equities in December, injecting Rs 22,765 crore and boosting market recovery after months of selling. This fueled a rally, especially in large-cap stocks, despite concerns about high valuations and a rising dollar. Positive political developments, recovering corporate stocks, and easing inflation further supported the market’s upward trend.