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FPIs Stay Net Buyers For The Fourth Straight Day

Foreign portfolio investors mopped up stocks worth Rs 415.3 crore, according to provisional data from the NSE.

<div class="paragraphs"><p>Dollar currency notes. (Source: Pixabay)</p></div>
Dollar currency notes. (Source: Pixabay)

Overseas investors in Indian equities remained net buyers for the fourth consecutive session on Thursday. Foreign portfolio investors mopped up stocks worth Rs 415.3 crore, according to provisional data from the National Stock Exchange.

FPIs have sold over Rs 794 crore worth of equities in June so far, and bought stocks worth Rs 13,069 crore in the last four sessions.

Domestic institutional investors turned net sellers after three days of buying and sold equities worth Rs 325.8 crore, the NSE data showed.

Foreign institutions have been net sellers of Rs 12,441 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 recovered from the previous session's fall and the S&P BSE Sensex logged its best winning streak in four months to close at their highest levels.

The Nifty ended 51 points, or 0.22%, up at 23,567, while Sensex closed 141.34 points, or 0.18%, higher at 77,478.93.

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