FPIs Snap Three-Day Selling Streak To Turn Net Buyers
Overseas investors turned net buyers, after three days of net selling, on Monday.
Overseas investors in Indian equities turned net buyers, after three days of net selling, on Monday.
The longest buying stretch by foreign portfolio investors, this year so far, lasted 13 days from July 28 to Aug. 17.
Foreign portfolio investors net bought equities worth Rs 312.31 crore on Monday, as per data from the National Stock Exchange.
Domestic institutional investors, on the contrary turned net sellers and net sold equities worth Rs 94.68 crore.
Institutions have net sold Rs 872.92 crore worth of equities so far in September and Rs 34,356 crore worth of Indian equities till date in 2022.
The Sensex gained 300 points or 0.51% to close at 59,141.23 on the BSE, while the Nifty 50 added 0.5% to end at 17.622.25 on the NSE.
Corrects an earlier version that misstated ‘three-day buying’ instead of ‘three-day selling’ in the headline.