Mumbai, July 9 -- India's equity markets are witnessing a recalibrated approach by foreign portfolio investors (FPIs), as capital flows shift tactically across sectors. After recording cumulative outflows of over Rs 15,700 crore between January and May, FPIs made a notable return in the latter half of June, with selective re-entry into sectors like automobiles, IT, oil & gas, and financials. According to market data, the automobile sector has become the biggest beneficiary of this rotation, garnering Rs 5,020 crore in foreign inflows during the final 15 days of June. Analysts attribute the renewed interest to falling interest rates, recovering rural demand, and valuation comfort. With auto stocks previously underperforming, foreign investo...