Foreign portfolio investors continued to remain net buyers of Indian equities for the sixth straight session on Wednesday as they acquired stocks worth Rs 3,332.9 crore.
Domestic institutional investors remained net sellers for the second consecutive day as they sold equities worth Rs 1,234.5 crore, according to provisional data from the National Stock Exchange.
On Tuesday, the FPIs had bought equities worth Rs 1,290.4 crore. So far in April, they have offloaded shares worth Rs 15,071 crore, according to the National Securities Depository Ltd.'s data.
In March, the overseas investors had net offloaded equities worth Rs 3,973 crore, which was significantly lower as compared to the net selling of equities worth Rs 34,574 crore in February. This was preceded by net selling of Rs 78,027 crore in January.
In 2025 so far, the FPIs have net sold equities worth Rs 1.31 lakh crore, the NSDL data showed.
The benchmark equity indices extended their gaining streak to the seventh straight day and finished at the highest level since mid-December 2024. The rally in the benchmark indices got support from a rally in technology stocks.
The Nifty 50 ended 115.10 points or 0.48% higher at 24,282.35, and the Sensex ended 520.90 points, or 0.65% up at 80,116.49.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
