FPIs Turn Net Sellers After A Day
Foreign portfolio investors offloaded stocks worth Rs 3,535.4 crore, according to provisional data from the NSE.
Overseas investors turned net sellers on Wednesday after a day of buying. Foreign portfolio investors offloaded stocks worth Rs 3,535.4 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors turned net buyers after two sessions of selling and mopped up equities worth Rs 5,103.7 crore, the NSE data showed.
Foreign institutions have been net sellers of Rs 6,071 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.
Indian benchmark equity indices extended their record run for the second consecutive day on Wednesday, ahead of the expiry of their monthly derivative contracts.
The NSE Nifty 50 closed 147.50 points, or 0.62%, higher at 23,868.80, while the S&P BSE Sensex ended 620.73 points, or 0.8%, up at 78,674.25.
