Foreign investors poured substantial capital into India’s energy and telecom sectors in the second half of November 2025, making those two among the top draws for overseas flows during the month. Telecom companies alone received about Rs 4,913 crore during this period. This followed a strong start to the month in the same sector, when investments hit approximately Rs 9,413 crore. Together, these inflows brought fresh momentum to a segment that had already attracted more than Rs 33,000 crore between January and October 2025.
Energy stocks also saw healthy foreign interest, helping cushion overall market sentiment at a time when inflows outside these two sectors were relatively muted. Analysts view the strong demand for energy and telecom equities as a sign of investor confidence in sectors with stable cash flows and growth potential.
In telecom, a portion of the inflows was driven by block transactions, particularly involving share divestments by promoters of leading telecom companies. This kind of transaction created access for large institutional funds to pick up stakes. The flow of capital includes both fresh money and reinvestments, reflecting expectations of long-term value creation in network expansion, rising subscriber bases and improved operational metrics.
In the energy space, global funds appear attracted by valuations and the relatively stable regulatory environment. The demand for energy-linked assets remains high, supported by expectations of steady demand, improvements in supply infrastructure, and policy support for renewable and traditional power utilities alike.
Market watchers say that without these inflows into energy and telecom, the overall portfolio flows in November could have turned negative. The sectors have effectively helped stabilize broader markets and provided liquidity when other parts of the market were less favoured.
In sum, the renewed foreign interest underlines a broader trend: major global investors are increasingly viewing Indian energy and telecom assets as long-term plays. The recent inflows have reinforced faith in India’s growth story, especially in industries tied to infrastructure, connectivity and energy security.