Foreign Investment In Equities Reaches 7-month Low Of Rs 5,100 Crore In September

FII inflow hit seven-month low in September as foreign investors invested just Rs 5,100 crore in Indian equity markets.

Foreign investors were gross buyers of equities worth Rs 93,493 crore last month, while they sold shares worth Rs 88,391 crore. This is the lowest net investment by foreign investors in equity markets since February 2014 when they had pumped in Rs 1,404 crore.

As per market analysts, the government's decision to put off gas price hike and the Supreme Court's order to cancel the allocation of coal blocks led to the sale of shares. However, they added that foreign investors are still optimistic about the Indian equity market.

Overseas investors (Foreign Institutional Investors, sub-accounts or foreign portfolio investors) continued to bet on the debt market and infused almost Rs 16,000 crore ($2.6 billion) in this segment.
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