FPIs Snap Six-Day Buying Streak To Turn Net Sellers
Overseas investors turned net sellers after six days of net buying on Wednesday.
Overseas investors in Indian equities turned net sellers after six days of net buying, on Wednesday.
Institutions net bought equities worth Rs 7,910.23 crore in the span of six days. The longest buying stretch by FPIs this year lasted 13 days from July 28 to Aug. 17.
Foreign portfolio investors net sold equities worth Rs 1,397.51 crore today, as per data from the National Stock Exchange.
Domestic institutional investors turned net buyers and bought equities worth Rs 187.58 crore today.
Institutions have net bought Rs 4,405.61 crore worth of equities this month and have net sold Rs 29,077.47 crore worth of equities in 2022.
The BSE Sensex lost 0.37% or 224 points to close at 60,346.97, almost a 1,000-point recovery from the day's low of 59,417.12.
The Nifty 50 also recovered from the gap-down start to close above 18,000 for the second session in a row.