Foreign institutional investors have invested ₹40,145 crore in Indian equities in the last 12 trading days. In April, FIIs bought Indian equities worth ₹3,243 crore. The reversal in the stance of FIIs from selling to buying was driven by the US pausing tariffs and the weakening of the US dollar, according to Geojit Financial Services' Chief Investment Strategist VK Vijayakumar.