Foreign Investors Eye Indian Market Return: IT, Banking, Pharma in Focus

• Foreign institutional investors (FIIs) show signs of renewed interest in the Indian market after continuous selling.
• Nuvama Capital Markets President Shiv Sehgal indicates potential for foreign investors to gradually re-invest.
• Trade deals, improved credit growth, and positive channel checks could help the Indian market exit consolidation.
• IT sector expected to recover in 2-3 quarters despite current weak sentiment; banking, financial services remain key.
• Pharma and healthcare sectors offer opportunities due to stable generic prices, China+1 strategy, and private hospital capex.