Nifty trapped in 1,531-point range for 15 weeks. Can global AI unwind bring FIIs back?

The Nifty index is approaching a critical juncture after a prolonged consolidation period. Foreign institutional investors are showing early signs of returning after significant outflows this year. The unwinding of global artificial intelligence trades may encourage capital reallocation into India. Recent market gains were supported by strong domestic institutional buying and easing inflation concerns. Technical indicators suggest a potential breakout if the index sustains above key resistance levels.