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This Article is From Sep 10, 2024

FPIs Stay Net Buyers For Second Day

FPIs Stay Net Buyers For Second Day
(Source: Freepik)

Overseas investors remained net buyers of Indian equities on Tuesday for the second consecutive day. Foreign portfolio investors mopped up equities worth Rs 2,208.2 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors turned net sellers after six sessions and offloaded equities worth Rs 275.4 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 56,935 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 FPIs have bought stocks worth Rs 5,815.3 crore so far this month, while domestic institutional investors have mopped up stocks worth Rs 8,923.9 crore.

The NSE Nifty 50 closed 104.70 points, or 0.42% higher, at 25,041.10, while the S&P BSE Sensex ended higher by 361.75 points, or 0.44%, at 81,921.29.

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