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This Article is From Sep 05, 2024

FPIs Stay Net Buyers For Fifth Straight Session

FPIs Stay Net Buyers For Fifth Straight Session
Foreign currency notes. (Photographer: Vijay Sartape/NDTV Profit)

Overseas investors remained net buyers of Indian equities for the fifth consecutive session on Wednesday. Foreign portfolio investors mopped up stocks worth Rs 975.5 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors stayed net buyers for the third consecutive day and purchased equities worth Rs 97.4 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 54,763 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 sold stocks worth Rs 3,740.2 crore this month, while domestic institutional investors have mopped up stocks worth Rs 2,349.9 crore.

The NSE Nifty 50 ended 0.32% or 81.15 points, down at 25,198.70, while the S&P BSE Sensex declined 0.25% or 202.80 points, to close at 82,352.64.

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