Amid growing anticipation of a central government capital expenditure (capex) boost and a recovery in corporate earnings for FY25, foreign institutional investors (FIIs) are reversing last month’s trend. Amid growing anticipation of a central government capital expenditure (capex) boost and a recovery in corporate earnings for FY25, foreign institutional investors (FIIs) are reversing last month’s trend. After significant sell-off of $2.5 billion in November Foreign institutional investors have already acquired around $3 billion in Indian stocks.