FIIs invest $1.3 billion in Indian stocks in November

Foreign institutional investors (FIIs) invested about $1.3 billion (Rs 8,116 crore) in Indian equities in November.

FIIs were gross buyers of equities worth Rs 55,806 crore and sellers of Rs 47,690 crore of shares till November 29, a net inflow of Rs 8,116 crore. Their net investment was Rs 15,700 crore in October and more than Rs 13,000 crore in September.

However, they pulled out Rs 5,983 crore from debt securities last month. Industrial production and trade data released last month gave an impetus to foreign investors.