Foreign portfolio investors remained net buyers for the second straight day on Friday as they bought equities worth Rs 7,470.4 crore, the highest buying from the FPIs so far this year.
Domestic institutional investors remained net sellers of Indian equities for the second consecutive day as they net offloaded equities worth Rs 3,202.3 crore, according to provisional data from the National Stock Exchange.
On Thursday, the FPIs mopped up equities worth Rs 3,255.2 crore. So far in March, the FPIs have offloaded equities worth Rs 31,719 crore, according to the National Securities Depository Ltd.'s data.
In February, the FPIs 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 overseas investors have net sold equities worth Rs 1.44 lakh crore, the NSDL data showed.
Indian equities had their best weekly run in years on Friday as investors shrugged off negative global sentiments to chase attractive stocks hammered by a recent correction.
The NSE Nifty 50 closed 159.75 points or 0.69% higher at 23,350.40, while the BSE Sensex ended 557.45 points or 0.73% up at 76,905.51. During the day, the Nifty jumped to 23,402.70, while the Sensex rose to 77,041.94.
On a weekly basis, the Nifty gained over 4%, the highest since February 2021. The Sensex jumped by an equal measure, the most since July 2022.
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