Overseas investors stayed net buyers in Indian equities for the eighth consecutive session on Tuesday.
Foreign portfolio investors mopped up stocks worth Rs 5,223.5 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors turned net sellers after being buyers in the last two sessions. They sold stocks worth Rs 1,399.2 crore, the NSE data showed. This is the highest selling since July 20.
Foreign institutions have been net buyers of Rs 1,25,935 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 NSE Nifty 50 closed 168 points, or 0.81%, higher at 20,855.10, while the S&P BSE Sensex ended 431 points, or 0.63%, up at 69,296.14. Both the indices also hit new intraday highs.
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