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This Article is From May 14, 2024

FPIs Stay Net Sellers For The Ninth Straight Day

FPIs Stay Net Sellers For The Ninth Straight Day
(Source: Unsplash)

Overseas investors remained net sellers of Indian equities for the ninth consecutive session on Tuesday. Foreign portfolio investors offloaded stocks worth Rs 4,065.5 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors stayed net buyers for 16 straight sessions and mopped up equities worth Rs 3,527.9 crore, the NSE data showed.

Foreign institutions have been net sellers of Rs 20,545 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 Nifty 50 closed 113.80 points, or 0.51%, up at 22,217.85, while the Sensex ended 328.48 points, or 0.45%, higher at 73,104.61.

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