FPIs Turned Net Sellers For The Second Alternative Day

Overseas investors turned net sellers with selling Indian equities of worth Rs 453.77 crores on Monday.

Mallica Mishra

22 Aug 2022, 11:48 PM IST

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Overseas investors turned net sellers on Monday.

FPIs had snapped out of 13 days of net buying to turn net sellers on Thursday. It was the longest stretch of net inflows by FPIs in this year so far. They were net buyers on Friday.

Domestic Institutional Investors net sold equities worth Rs 85.06 crore today.

Institutions have net bought Rs 11,378.74 crore worth of equities so far in August and net sold equities worth Rs 37,060.95 so far in 2022.

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India's stock benchmarks ended down for the second day on Monday. BSE Sensex dropped 872 points to close at 58,773.87 while Nifty 50 too regressed behind the 17,500 mark to end at 17,490.70.