Foreign portfolio investors continued to remain net sellers of Indian equities for the sixth straight session on Thursday as they net offloaded stocks worth approximately Rs 556.6 crore.
Domestic institutional investors stayed net buyers for the 16th straight session as they mopped up equities worth Rs 1,727.1 crore, according to provisional data from the National Stock Exchange.
In the previous session, the FPIs had offloaded equities worth Rs 3,529.1 crore. In February so far, the FPIs have net offloaded equities worth Rs 35,694 crore, according to the National Securities Depository Ltd.'s data.
This was preceded by net selling of Rs 78,027 crore in January. In 2025 so far, they have net sold equities worth Rs 1.13 lakh crore, the NSDL data showed.
The benchmark indices ended Thursday's session flat, with the media and realty sectors declining the most, while finance emerged as a top sectoral gainer, followed by metal.
The NSE Nifty 50 ended 2.50 points, or 0.01% lower at 22,545.05, while the BSE Sensex closed 10.31 points or 0.01% higher at 74,612.43.
The Nifty remained range bound during the day before closing flat and sellers continued to dominate the market at higher levels, according to Rupak De, senior technical analyst at LKP Securities
"On the lower end, 22,500 continues to act as support, similar to how 22,800 did a few days ago. We expect Nifty to decline towards 22,200 and lower if it falls below 22,500," he said.
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