FIIs pump in `9,000 crore in first week of September

Continuing their bet on the government's reforms agenda, overseas investors have poured in nearly Rs 9,000 crore in the Indian capital market in the first week of the month.

Net investments by foreign investors in the equity market were Rs 3,972 crore ($656 million) from 1-5 September, while they infused a net amount of Rs 5,013 crore ($828 million) in the debt market during the period, taking the total to Rs 8,986 crore ($1.5 billion), as per the latest data. Market analysts maintain that overseas investors have been betting on the Indian market mainly on account of the reforms agenda of the new government.

Also, they anticipate that inflows would continue in the coming months on slew of measures announced by the government.