Foreign portfolio investors stayed net sellers of Indian equities for the 13th straight session on Tuesday and sold stocks worth Rs 5,920.28 crore.
Domestic institutional investors have been buyers for 24 consecutive sessions and bought stocks worth Rs 3500.32 crore, according to provisional data from the National Stock Exchange.
So far in January, the FPIs have sold stakes worth Rs 51,748 crore, according to the National Securities Depository Ltd.
The FPIs have offloaded stocks worth Rs 3,728.28 crore in the stock exchanges on Jan. 20, according to the NSDL data collected by NDTV Profit.
The Indian benchmark indexes fell further on Tuesday, closing at their lowest level since the June crash, as investors were concerned about US President Donald Trump's proposed trade tariffs. The rise in volatility coincides with the weekly expiry of the Sensex futures contracts.
The session fluctuated between gains and losses, falling more than 1.5%, led by a selloff in real estate and energy companies. Zomato fell 13%, while Dixon Technologies fell 14% during the day due to disappointing third-quarter earnings.
The S&P BSE Sensex closed 1,235.08 points, or 1.6%, down at 75,838.36, while the NSE Nifty 50 was 320.10 points, or 1.37%, lower at 23,024.65. Intraday, the NSE Nifty 50 declined 1.58% to 22,976.8, and the S&P BSE Sensex fell 1.86% to 75,641.8.
Since October 2024, overseas investors have been majorly net sellers and have collectively offloaded stocks worth Rs 7,292.3 crore. The DIIs stayed net buyers during the period and bought stocks worth Rs 5.32 lakh crore, according to provisional data from the NSE compiled by NDTV Profit.
In December, the FPIs sold stakes worth Rs 7,292.3 crore, according to the NSDL, while the DIIs bought stakes worth Rs 34,194.7 crore, as per the NSE.
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