India equity outlook brightens as foreign funds turn buyers again

Goldman Sachs’ latest India strategy note highlights that global funds, previously under‑weight Indian equities, now have a clear opportunity to rebalance. While ongoing earnings downgrades and a relatively modest growth‑valuation mix remain concerns, the firm believes the improving domestic recovery will be priced in by investors. The shift from net sellers to net buyers among foreign investors signals confidence that the market is stabilising and ready for a modest rally.