Foreign Investors Buy Net 6.32 Billion Rupees of Indian Stocks

Overseas investors bought a net 6.32 billion rupees ($114 million) of Indian stocks yesterday, the 20th day of purchases, according to the market regulator.

Foreigners bought 18 billion rupees of shares and sold 11.7 billion rupees, the Securities & Exchange Board of India said on its website today. They have invested a total $11.7 billion in local equities this year.

The benchmark BSE India Sensitive Index (SENSEX) has increased 14 percent this year, helped by the biggest overseas equity flows among 10 Asian markets tracked by Bloomberg. Flows surged to a record in 2010, making the Sensex the best performer among the world’s top 10 markets. The largest-ever outflow in 2008 led the biggest annual slump of 52 percent.

Offshore funds bought a net 219 million rupees of bonds yesterday, taking total inflow into debt this year to 259.5 billion rupees, the data show.

The regulator provides data on shares bought and sold by large investors, including trades in the primary and secondary markets, with a delay of at least a day.

To contact the reporter on this story: Paresh Jatakia in Mumbai at

To contact the editor responsible for this story: Arijit Ghosh at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.