AI trade unwind, FII inflows brighten August outlook for Indian stocks
Mumbai: August has traditionally yielded positive returns for Indian equity investors over the past decade, and analysts expect stocks to extend their recent gains this year as well, amid an evident reversal in foreign-fund exits and unwinding of the AI-skewed trade in Asia.
A runaway rally, however, seems unlikely as investors are wary of the West Asia situation, and its potential impact on oil prices.
