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This Article is From Feb 03, 2023

FPIs Stay Net Sellers For Second Straight Day

Foreign portfolio investors offloaded equities worth Rs 932.4 crore, according to data from the NSE.

FPIs Stay Net Sellers For Second Straight Day
Stock price movement on screen. (Photo: Rawpixel/Freepik)

Overseas investors in Indian equities remained net sellers for the second day in a row on Friday.

Foreign portfolio investors offloaded equities worth Rs 932.4 crore, according to data from the National Stock Exchange.

On the other hand, domestic institutional investors mopped up stocks worth Rs 1,264.7 crore for the 10th day in a row.

Foreign institutions net bought Rs 14,398.8 crore worth of Indian equities in December, but have remained net sellers of Rs 43,677.3 crore worth of Indian stocks so far in 2023.

The Sensex closed 1,000 points, or 1.52%, higher at 60,841.88, while the Nifty gained 244 points, or 1.38%, to 17,854.05 by end of trading hours.

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