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This Article is From Sep 20, 2024

FPIs Record Highest Single-Day Buying This Year

FPIs Record Highest Single-Day Buying This Year
Overseas investors turned net buyers after a day and bought Rs 14,064 crore worth of Indian equities on Sept. 20, 2024, the largest buying from foreign portfolio investors so far this year.(Photo by PiggyBank on Unsplash)

Overseas investors turned net buyers after a day and bought Rs 14,064 crore worth of Indian equities on Friday, the largest buying from foreign portfolio investors so far this year.

The previous highest single-day buying of equity shares was on June 19, when the FPIs bought stocks worth Rs 7,908.4 crore.

Domestic institutional investors turned net sellers after five days of buying and sold equities worth approximately Rs 4,427 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 76,572 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 FPIs have bought stocks worth Rs 29,148 crore so far this month, while domestic institutional investors have picked up stocks worth Rs 9,252.8 crore.

The NSE Nifty 50 ended 375.15 points or 1.48% higher at 25,790.95, while the S&P BSE Sensex closed 1,359.51 points or 1.63% up at 84544.31.

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