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FPIs Stay Net Sellers For The Seventh Straight Day

Domestic institutional investors remained net buyers for the eighth straight day.

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

Overseas investors in Indian equities remained net sellers for the seventh day in a row, on Thursday.

Foreign portfolio investors net sold equities worth Rs 3,599.42 crore today, as per data from the National Stock Exchange.

On Monday, FPIs had sold the highest amount of Indian equities in 14 weeks worth Rs 5,101.3 crore.

On the other hand, domestic institutional investors remained net buyers for the eighth straight day and bought equities worth Rs 3,161.73 crore today.

Institutions have net sold Rs 6,023.67 crore worth of equities this month and Rs 39,506.75 crore worth of Indian equities till date in 2022.

The Sensex lost nearly 200 points (0.33%) to close at 56,409.96. The Nifty shed 0.24% to close at 16,818.10, its lowest close in two months since June 27.