Overseas investors stayed net buyers of Indian equities for the third consecutive session on Thursday, while the domestic institutional investors stayed net sellers for a third day.
Foreign portfolio investors mopped up stocks worth Rs 8,539.91 crore, the highest amount bought by FPIs so far this month, and domestic institutional investors sold shares worth Rs 2,303.64 crore, according to provisional data shared by the National Stock Exchange.
In November, FPIs sold stocks worth Rs 45,974.1 crore, whereas the DIIs mopped up stocks worth Rs 44,483.9 crore. In October, the FPIs had sold equities worth Rs 1.14 lakh crore and the DIIs bought equities worth Rs 1.07 lakh crore.
In December so far, FIIs have mopped up Rs 13,763.90 crore worth of equities, whereas DIIs purchased Rs 133.41 crore worth of equities.
In the last five sessions, FPIs bought Rs 9,380.35 crore worth of equities, while DIIs bought 5,856.75 crore worth of equities in the same period.
On Thursday, India's benchmark equity indices turned volatile in the last hour of trade but still managed to close at their highest levels in more than a month. The NSE Nifty 50 ended 240.95 points or 0.98% higher at 24,708.40 and the BSE Sensex closed 809.53 points or 1% up at 81,765.86.
During the day, the Nifty rose as much as 1.6% to 24,857.75, its highest level since Oct. 22 and the Sensex added as much as 1.68% to 82,317.74, its highest level since Oct. 9.
RECOMMENDED FOR YOU
POPULAR