FPIs Stay Net Sellers For The Fifth Straight Day

Overseas Investors in Indian equities remained net sellers for the fifth day in a row on Friday.

Foreign portfolio investors offloaded equities worth Rs 158 crore, according to data from the National Stock Exchange.

Domestic institutional investors remained net buyers and bought equities worth Rs 501.6 crore.

Institutions net bought Rs 3,138.1 crore worth of equities in December so far, and net sold Rs 12,313.8 crore worth of Indian equities till date in 2022.

The Sensex closed lower by 389 points, or 0.62%, at 62,181.67, while the Nifty ended 113 points lower, or 0.61%, at 18,496.60.