FPIs Stay Net Buyers For The Second Straight Day
Foreign portfolio investors mopped up stocks worth Rs 2,575.9 crore, according to provisional data from the NSE.
Overseas investors stayed net buyers of Indian equities for the second consecutive day on Thursday. Foreign portfolio investors mopped up stocks worth Rs 2,575.9 crore, according to provisional data from the National Stock Exchange.
In the first four days of this month, FPIs have bought over Rs 5,633.3 crore equities. They bought stocks worth Rs 2,037 crore in June.
Domestic institutional investors stayed net sellers for the second session and sold equities worth Rs 2,375.2 crore, the NSE data showed.
Foreign institutions have been net buyers of Rs 5,652 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 extended their record rally for the second consecutive session but ended little changed on Thursday, as gains in information technology shares were offset by loss in HDFC Bank Ltd.
The NSE Nifty 50 ended 15.65 points, or 0.06%, up at 24,302.15, while the S&P BSE Sensex closed 62.87 points, or 0.08%, higher at 80,049.67, closing above the 80,000 mark for the first time.
