Overseas investors turned net buyers on Tuesday after two days of selling. Foreign portfolio investors mopped up stocks worth Rs 1,175.9 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors stayed net sellers and offloaded equities worth Rs 149.5 crore, the NSE data showed.
Foreign institutions have been net sellers of Rs 8,536 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.
The NSE Nifty 50 hit a fresh record for the 34th time this year, while the 1,000-point journey of the S&P BSE Sensex to cross the milestone of 78,000 was done in 11 sessions.
The Nifty closed 183.45 points, or 0.78%, higher at 23,721.30, while the Sensex ended 712.44 points, or 0.92%, up at 78,053.52.