New Delhi, May 19 -- Foreign portfolio investor (FPI) assets under management (AUM) have crossed the $800 billion mark for the first time in four months, driven by renewed inflows and a rise in the value of their holdings. The rise in assets follows a strong rebound in Indian markets last month, aided by easing global trade concerns.

FPI assets rose to $811 billion as of 30 April, up from $773 billion on 15 April. The surge came as FPIs turned net buyers of Indian equities for the first time in seven months. The rally was supported by a weaker dollar and optimism around the Indian economy's potential to outperform amid signs of easing trade tensions-particularly the US nearing deals with India and other key partners.

At its lowest point...