Foreign institutional investors are net sellers in Indian equities due to global concerns, but this reflects capital reallocation, not a loss of confidence. Smart money is becoming selective, favoring businesses with strong fundamentals and growth prospects. India’s structural growth drivers and domestic consumption remain attractive long-term.
Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 results
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.