For the past two years, foreign Institutional investors have remained net sellers of Indian equities, weighed down by rich valuations, relatively slower earnings growth, tariff and geopolitical uncertainties, a weakening rupee and the lure of AI-led opportunities in overseas markets. However, the tide appears to be turning, with FPIs pumping nearly ₹46,183 crore into Indian equities in the last six trading sessions since November. Against this backdrop, a bl.portfolio analysis of Capitaline data reveals how selective foreign investors have been: of the 8,009 listed companies, only 60 witnessed a consecutive increase in FII ownership in both the June and September 2026 quarters, pointing to pockets of sustained foreign investor conviction amid the broader market sell-off.