I have seen since september 20, Bitcoin price in India is lower than the foreign market. I am using zebpay, also tracked the price value on unocoin and coinsecure. Do you know any cause for it?
It's because Bitcoins have a premium of 15-20 ℅ over foreign price, but since there was a decline in September, the price have corrected and that's why the prices were cheaper.
But soon it will again gain a premium when Bitcoin will rally.