FPIs Stay Net Buyers For The Sixth Straight Day

Overseas investors remained net buyers for the sixth straight day on Tuesday.

Mallica Mishra

13 Sep 2022, 07:20 PM IST

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Overseas investors remained net buyers for the sixth straight day on Tuesday.

The longest buying stretch by FPIs, this year so far, lasted 13 days from July 28 to Aug. 17.

Foreign portfolio investors net bought equities worth Rs 1,956.98 crore on Tuesday, as per data from the National Stock Exchange.

Domestic institutional investors too sold equities worth Rs 1,268.43 crore.

Institutions have net bought Rs 5,615.54 crore worth of equities so far in September and have net sold Rs 27,867.54 crore worth of Indian equities till date in 2022.

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India's stock benchmarks advanced for the fourth day in a row. The Sensex gained over 450 points to close at five-month high of 60,571.08 on the BSE, while the Nifty 50 advanced 0.75% to close at 18,070.05 on the NSE. This is the first time the Nifty closed above 18,000 in over five months.