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FPIs Stay Net Buyers For The Fifth Straight Day

Domestic institutional investors turned net sellers and sold equities worth Rs 890.51 crore today.

<div class="paragraphs"><p>(Source:&nbsp;<a href="https://unsplash.com/@dawson2406?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Stephen Dawson</a>/ <a href="https://unsplash.com/s/photos/trader?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>)</p></div>
(Source: Stephen Dawson/ Unsplash)

Overseas investors in Indian equities remained net buyers for the fifth day in a row, on Monday.

The longest buying stretch by foreign portfolio investors in 2022 lasted 13 days, from July 28 to Aug. 17.

FPIs net bought equities worth Rs 2,049.65 crore today, as per data from the National Stock Exchange.

Domestic institutional investors turned net sellers and sold equities worth Rs 890.51 crore today.

Institutions have net bought Rs 4,926.99 crore worth of equities this month, and have net sold Rs 28,556.09 crore worth of equities in 2022.

India's stock benchmarks pared some of the gains, but still ended in green.

The BSE Sensex closed at 60,115.13—the highest in the past five days—with an increase of 1.39%, while the Nifty 50 inched up 103 points to close at 17.936.35.