FPIs Stay Net Sellers For The Third Straight Day
Foreign portfolio investors offloaded stocks worth Rs 2,000.1 crore, according to provisional data from the NSE.
Overseas investors stayed net sellers of Indian equities for the third consecutive day on Tuesday. Foreign portfolio investors offloaded stocks worth Rs 2,000.1 crore, according to provisional data from the National Stock Exchange.
In the first two days of this month, FPIs have sold over Rs 2,426.2 crore equities, while they have bought stocks worth Rs 2,037 crore in the previous month.
Domestic institutional investors stayed net buyers for the third session and bought equities worth Rs 648.3 crore, the NSE data showed.
Foreign institutions have been net buyers of Rs 4,260 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 benchmark equity indices ended a volatile session flat on Tuesday, after hitting record highs in early trade, as shares of banks weighed on them.
The NSE Nifty 50 ended 18.10 points, or 0.07%, lower at 24,123.85, while the S&P BSE Sensex closed 34.74 points, or 0.04%, down at 79,441.45.
