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This Article is From Sep 01, 2023

FPIs Turn Net Buyers After Two Days

Foreign portfolio investors bought stocks worth Rs 487.9 crore, according to provisional data from the NSE.

FPIs Turn Net Buyers After Two Days
U.S. dollar bill. (Source: Vladimir Solomianyi/Unsplash)

Overseas investors turned net buyers of Indian equities on Friday, after two sessions of selling.

Foreign portfolio investors bought stocks worth Rs 487.9 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors remained net buyers and mopped up equities worth Rs 2,294.9 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 1,36,546 crore worth of Indian equities so far in 2023, according to data from the National Securities Depository Ltd., updated till the previous trading day.

The S&P BSE Sensex closed 556 points up, or 0.86%, at 65,387.16, while the NSE Nifty 50 ended 182 points higher, or 0.94%, at 19,435.30.

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