FPIs Turn Net Sellers After Two Days

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(Source: Freepik)

Overseas investors turned net sellers of Indian equities on Monday after two sessions of buying.

Foreign portfolio investors sold stocks worth Rs 564.1 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors remained net buyers for the second day and bought equities worth Rs 3,542.8 crore, the NSE data showed.

Foreign institutions have been net sellers of Rs 17,833 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.

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The benchmark equity indices ended at a fresh closing high for the third session in a row on Monday. The NSE Nifty 50 settled 27.20 points or 0.12% higher at 22,405.60, and the S&P BSE Sensex gained 66.14 points or 0.09% to end at 73,872.29.

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