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FPIs Record Second Highest Single-Day Buying In 2024

FPIs mopped up stocks worth Rs 7,658.8 crore, according to provisional data from the NSE.

<div class="paragraphs"><p>(Source: Unsplash)</p></div>
(Source: Unsplash)

Foreign portfolio investors recorded the second highest single-day buying of Indian equities so far in 2024 on Thursday. The investors mopped up stocks worth Rs 7,658.8 crore, according to provisional data from the National Stock Exchange.

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

Domestic investors turned net sellers after a day of buying and offloading equities worth Rs 3,605.9 crore, the NSE data showed.

Foreign institutions have been net sellers of Rs 4,557 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 claimed the crucial 24,000-mark and rose the most in a futures and options series this year.

The Nifty closed up 175.70 points, or 0.74%, at 24,044.50, while the S&P BSE Sensex ended 568.93 points, or 0.72%, higher at 79,243.18.

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