Foreign portfolio investors continued selling stocks for the seventh straight session on Tuesday, net offloading Rs 4,994.2 crore worth of shares, according to the provisional data from the National Stock Exchange.
Domestic institutional investors remained net buyers for the second day as they mopped up equities worth Rs 3,097.2 crore.
On Monday, the FPIs sold Rs 9,040 crore. In March, the overseas investors had net offloaded equities worth Rs 3,973 crore, according to the National Securities Depository Ltd.'s data.
In February, they had net offloaded equities worth Rs 34,574 crore. This was preceded by net selling of Rs 78,027 crore in January. In 2025 so far, the FPIs have net sold equities worth Rs 1.38 lakh crore, the NSDL data showed.
The benchmark equity indices snapped a three-session losing streak and ended with gains on Tuesday. This comes after the Asian markets rebounded after a historic loss, led by gains in Japan.
The NSE Nifty 50 ended 374.25 points or 1.69% higher at 22,535.85, while the BSE Sensex closed 1,089.18 points or 1.49% higher at 74,227. Intraday, Nifty 50 rose as much as 2.42% to 22,697.20.
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