FPIs Stay Net Sellers For The Second Straight Day
Domestic institutional investors net sold equities worth Rs 144.08 crore today.
Overseas investors in Indian equities remained net sellers for the second day in a row, on Monday.
Foreign portfolio investors snapped out of three days of net buying to turn net sellers on Friday, last week.
The longest buying stretch by FPIs in this year so far lasted 13 days, from July 28 to Aug. 17.
Foreign portfolio investors net sold equities worth Rs 561.22 crore today, as per data from the National Stock Exchange.
Domestic institutional investors net sold equities worth Rs 144.08 crore today.
Institutions have net bought Rs 11,447.47 crore worth of equities so far in August, and net sold equities worth Rs 36,992.22 crore in 2022.
India's stock benchmarks nearly halved the day's losses, after getting off to a weak start. The BSE Sensex lost over 850 points to close at 57,972.62 while the Nifty 50 fell nearly 1.5% to finish at 17,312.90.