New Delhi, March 28 -- Indian stock markets witnessed a sharp rebound in March, reversing the prolonged selloff that began in October 2024. The recovery was driven by renewed buying from foreign portfolio investors (FPIs), bargain hunting by domestic investors, and optimism around potential trade negotiations with the US. With global uncertainties persisting, analysts remain cautiously optimistic about the market's near-term trajectory.

The recent uptrend in Indian equities has been largely supported by a shift in FPI sentiment. Over the last two weeks of March, FPIs emerged as net buyers, largely due to aggressive investments in Indian debt. This marked a notable slowdown in equity outflows compared to the previous months, providing a m...