FPIs Resume Selling Indian Equities After A Day

Overseas investors turned net sellers of Indian equities after a day on Friday. Foreign portfolio investors offloaded stocks worth Rs 944.8 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors stayed net buyers for the fourth straight session and mopped up equities worth Rs 2,320.3 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 19,824 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 NSE Nifty 50 settled 10.55 points, or 0.05%, lower at 22,957.10, and the S&P BSE Sensex ended 7.65 points, or 0.010%, down at 75,410.39.