FPIs Stay Net Sellers For Second Straight Day
The NSE Nifty 50 ended 92.95 points or 0.39% down at 23,603.35 and the BSE Sensex settled 213.12 points or 0.27% lower at 78,058.16.
Foreign portfolio investors stayed net sellers of Indian equities for the second straight day on Thursday as they sold stocks worth approximately Rs 3,549.95 crore.
Domestic institutional investors stayed net buyers for the second straight session as they mopped up equities worth Rs 2,721.7 crore, according to provisional data from the National Stock Exchange.
The FPIs sold stocks worth Rs 1,682.8 crore on Wednesday. So far in the year, the FPIs have sold equities worth Rs 81,774 crore. In January, the FPIs sold equities worth Rs 78,027 crore, according to the National Securities Depository Ltd.'s data.
The NSE Nifty 50 and BSE Sensex ended lower for a second consecutive session on Thursday, while market participants await the outcome of the Reserve Bank of India's Monetary Policy Committee's meeting. Trent Ltd. and Bharti Airtel Ltd. share prices weighed on the benchmarks the most.
The Nifty 50 ended 92.95 points or 0.39% down at 23,603.35, and the Sensex settled 213.12 points or 0.27% lower at 78,058.16.
