FII inflows hit $5b in July in Indian market

NEW DELHI, July 27 (PTI): Betting big on the government's reforms agenda, overseas investors have poured in more than USD 5 billion in the Indian market so far this month taking the total inflow to over USD 25 billion since January.

Net investments by foreign investors in the equity market were USD 2.2 billion (Rs 131.66 billion) from July 1-25, while they amounted to USD 3 billion in the debt market, taking the total to USD 5.2 billion (Rs 309.95 billion), as per the latest data.

Market analysts maintain that foreign investors have been betting on the Indian market mainly on account of the reforms agenda of the new government at the centre.