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This Article is From Feb 18, 2025

FPIs Turn Net Buyers After Nine Sessions

FPIs Turn Net Buyers After Nine Sessions
The NSE Nifty 50 ended 14.2 points or 0.06% lower at 22,945.30 and the BSE Sensex closed 29.47 points or 0.04% lower at 75,967.39 (Photo Source: Envato)

Foreign portfolio investors turned net buyers of Indian equities on Tuesday after nine straight sessions of selling as they mopped up stocks worth approximately Rs 4,786.6 crore.

Domestic institutional investors stayed net buyers for the 10th straight session as they bought equities worth Rs 3,072.2 crore, according to provisional data from the National Stock Exchange.

As per the NSE data, FPIs bought stocks worth Rs 14,537.68 crore and sold equities worth Rs 9,751.12 crore.

Data on buying and selling into individual stocks was not available. However, in a block deal, Bharti Airtel Ltd.'s promoter—Mauritius-based Indian Continent Investment Ltd—offloaded 51.1 million shares for Rs 8,485 crore, with Bharti Telecom Ltd. acquiring 12 million shares of the firm.

In February so far, the overseas investors have net offloaded equities worth Rs 2,153.7 crore. In 2025 so far, the FPIs have sold equities worth Rs 1.06 lakh crore. In January, they offloaded stocks worth Rs 78,027 crore, according to the National Securities Depository Ltd.'s data.

India's benchmark equity indices ended marginally lower on Tuesday, managing to reverse steeper losses. Information technology and oil and gas stocks rallied while consumer durables and autos faced selling pressure.

The NSE Nifty 50 ended 14.2 points or 0.06% lower at 22,945.30 and the BSE Sensex closed 29.47 points or 0.04% lower at 75,967.39.

The Nifty had a muted start, yet faced selling pressure as the significant high established in the previous sessions served as overhead resistance, said Ameya Ranadive, senior technical analyst at StoxBox.

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