Foreign portfolio investors stayed net sellers of Indian equities for the tenth consecutive session on Friday, as they offloaded shares worth Rs 3,366 crore, according to provisional data from the National Stock Exchange.
The domestic institutional investors, who remained buyers for the 20th straight session, mopping up stocks worth Rs 3,186.86 crore.
The FPIs sold shares worth Rs 17,741 crore in July but bought equities worth Rs 14,590 crore in the preceding month, as per National Securities Depositories Ltd. data.
Indian stock markets logged their fifth consecutive week of losses on Friday amid trade uncertainties with the US and persistent foreign institutional outflows.
The NSE Nifty 50 settled 203 points or 0.82% lower at 24,565.35 and the Sensex lost 585.67 points or 0.72% to close at 80,599.91. Both the Nifty and Sensex shed 1% this week.
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