FIIs Are Looking At India Again, But You Should Look Beyond The Top 10 Stocks: Samir Arora | 28 Aug 2026 | NDTV Profit

1. Executive Briefing (TL;DR)

• Top Key Takeaways:

  • Global Capital Pivoting Back to India: Foreign Institutional Investors (FIIs) are re-engaging with Indian markets driven by strong relative earnings growth (aggregate earnings expected at 18–20% excluding OMCs; midcaps 25%, small caps 30%) and sharp volatility/losses in other Asian markets like Korea [03:41].
  • Disruption of Legacy Top-10 Mega-Caps: A major structural shift is occurring where capital is exiting the top 10 legacy mega-caps (~$180B–$200B sold between March 2022 and March 2026, with ~$110B–$120B recycled back into broader Indian equities/IPO/QIPs outside the top 10) [].