New Delhi, May 7 -- Foreign portfolio investors (FPIs) leaned into India's equity markets with a sharper eye for selective plays in the final quarter of FY25, showing bullish conviction despite heightened market volatility.

AMint analysis of FPI shareholding in 1,168 stocks that are part of BSE's large-, mid- and small-cap indices reveals a strong tilt toward four small-cap firms and a bold bet on India's fifth-largest private lender, which has been embroiled in regulatory and financial turbulence.

IndusInd Bank finds itself in leadership limbo after the recent exits of chief executive officer Sumant Kathpalia and deputy CEO Arun Khurana. The exits follow earlier revelations of $175 million in misreported derivative trades in March, equ...