The end of July brought bullish sentiment to the equity market as foreign portfolio investors (REITs) finally became net buyers for the first time this year. REITs’ appetite for equities increased in the last week of July as they continued to be net sellers of other capital market-related instruments. After six consecutive months of exits, REITs have pumped out almost ₹5,000 crore in the Indian stock market. This would be the first positive sign after a heavily bear-dominated first half. Both Sensex and Nifty 50 benchmarks rallied significantly as recession fears fade and investors hope inflation will subside in the coming months as trend signals for monetary policy tightening ease .