FPIs Stay Net Buyers For The Fifth Straight Day

Foreign portfolio investors mopped up stocks worth Rs 314.5 crore, according to provisional data from the NSE.

(Source: Freepik)

Overseas investors stayed net buyers of Indian equities for the fifth consecutive session on Tuesday. Foreign portfolio investors mopped up stocks worth Rs 314.5 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors stayed net buyers for the second session and bought equities worth Rs 1,416.5 crore, the NSE data showed.

In this month, FPIs have bought stocks worth Rs 7,250.10 crore. Foreign institutions have been net buyers of Rs 14,494 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.

India's equity benchmark indices rebounded sharply to end at a record high on Tuesday.

The NSE Nifty 50 settled 112.65 points, or 0.46%, higher at 24,433.20, and the S&P BSE Sensex ended up 391.26 points, or 0.49%, at 80,351.64.

Also Read: Analysts Bullish On Bank Nifty Amid Tight Stop-Loss

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