FPIs Turn Net Buyers After A Day
Foreign portfolio investors mopped up stocks worth Rs 2,176 crore, according to provisional data from the NSE.
Overseas investors turned net buyers on Friday, as benchmark equity indices closed at their highest levels.
Foreign portfolio investors mopped up stocks worth Rs 2,176 crore, according to provisional data from the National Stock Exchange. This month, the FPIs have sold equities worth over Rs 11,687 crore.
The domestic institutional investors also turned net buyers and purchased equities worth Rs 656 crore, the NSE data showed.
Foreign institutions have been net sellers of Rs 26,428 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.
While FPIs have pulled out of stocks, they have infused Rs 59,373 crore in the debt market.
The NSE Nifty 50 closed 66.70 points, or 0.29%, higher at 23,465.60, and the S&P BSE Sensex ended 181.88 points, or 0.24%, up at 76,992.77.
