Rs 20,000 crore in 2 months! FIIs back with a bang but will they stay long enough?

Foreign Institutional Investors (FIIs) have injected over Rs 20,000 crore into Indian stocks in two months, marking the strongest buying since September, driven by robust corporate earnings and a weaker US dollar. Despite a significant selloff mid-May, India's attractiveness persists, with Bank of America's survey indicating it as Asia's preferred equity market.