Overseas investors had pumped in over INR11000 billion in the Indian stock market this month. This was after the new Governor for the Royal Bank of India took his post. RBI Governor Ragharum Rajan announced measures to increase the weakening rupee and revive the economic growth in the country.

Moreover, the US Federal Reserve decided to leave its bond buying program unchanged. This had encouraged foreign investors to park their funds in the Indian stock market.

Equity inflows were around INR11.043 billion last September 2 to 20. Meanwhile, there was a pull out of equities worth INR985 million from the debt market. This left behind a net inflows valued INR1.0058 billion, according to the latest Sebi record.

The inflows followed a net withdrawal valued around INR16 billion from domestic capital markets last August. According to analysts, bond buying renewals from foreign institutional investors were witnessed after Rajan took over as the new RBI chief.