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This Article is From Aug 26, 2024

FPIs Stay Net Buyers For Third Straight Session

FPIs Stay Net Buyers For Third Straight Session
(Source: Unsplash)

Overseas investors stayed net buyers of Indian equities on Monday for the third consecutive session. Foreign portfolio investors bought stocks worth Rs 483.4 crore, according to provisional data from the National Stock Exchange. 

Domestic institutional investors stayed net buyers for the 16th session and bought equities worth Rs 1,870.2 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 23,143 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 sold stocks worth Rs 30,102.6 crore this month, while domestic institutional investors have mopped up stocks worth Rs 48,950.6 crore.

The NSE Nifty 50 closed 187.45 points or 0.76% higher at 25,010.60 and the Sensex was 611.90 points or 0.75% up at 81,698.11. Both the indices closed at their highest levels since Aug. 1.

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