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FPIs Stay Net Buyers For The Fourth Straight Day

Domestic institutional investors turned net sellers and sold equities worth Rs 1,167.56 crore today.

<div class="paragraphs"><p>(Source:&nbsp;<a href="https://unsplash.com/@markuswinkler?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Markus Winkler</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: Markus Winkler/ Unsplash)

Overseas investors in Indian equities remained net buyers for the fourth day in a row on Friday.

The longest buying stretch by foreign portfolio investors this year lasted 13 days from July 28 to Aug. 17.

Foreign portfolio investors net bought equities worth Rs 2,132.42 crore today, as per data from the National Stock Exchange.

Domestic institutional investors turned net sellers and sold equities worth Rs 1,167.56 crore today.

Institutions have net bought Rs 3,767.85 crore worth of equities this month and have net sold Rs 29,715.23 crore worth of Indian equities till date in 2022.

India's stock benchmarks advanced aided by gains in information technology and banking stocks, and extended gains for the second day.

The BSE Sensex jumped 104 points to end at 59,793.14, while the Nifty 50 rose 34 points and finished at 17,833.35.

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