Europe’s largest asset manager Amundi forecasts a return of foreign institutional investment into Indian stocks after outflows of US$16.4 billion in 2025 left equities lagging peers. Domestic institutional investors have bought about US$77 billion this year. With India’s Nifty 50 up 10.8% and within 0.5% of last year’s high, Amundi recommends increasing exposure to India for 2026, citing growth resilience and tariff reductions. This marks a shift in sentiment toward the emerging-market story.