Foreign investors pour in $9 bn this year

Overseas investors have poured Rs 43,837 crore ($9.05 billion) into the country’s stock markets so far this year.

At the close of trade today, overseas investors were gross buyers of shares worth Rs 4,17,121 crore and gross sellers of stocks valued at Rs 3,73,283 crore, resulting in a net flow of Rs 43,837 crore so far this year, according to the data with market regulator Securities and Exchange Board of India (Sebi).

The Bombay Stock Exchange Sensex has gained nearly 73 per cent so far this year. The National Stock Exchange barometer Nifty — composed of 50 shares — has also advanced fairly. It touched 5,000 today for the first time in more than a year.

Global fund houses have made net investment of Rs 3,564 crore in September so far, according to the data.

After pulling out a hefty Rs 52,986 crore ($11.9 billion) from the markets, overseas investors are now moving their money back to emerging economies like India.

However, in the debt market segment, overseas investors have not turned net investors so far.

According to the Sebi data, FIIs have been net sellers of debt instruments worth Rs 527 crore ($49 million) in 2009 so far.