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FPIs Stay Net Buyers For The 12th Straight Day

Overseas investors remained net buyers for the 12th straight day on Tuesday.

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

Overseas investors remained net buyers of Indian equities for the 12th day in a row on Tuesday. It is the longest buying streak by FPIs so far in 2022.

Foreign portfolio investors net bought equities worth Rs 1,376.84 crore today, as per data from the National Stock Exchange.

On the other hand, domestic institutional investors net sold equities worth Rs 136.24 crore on Friday.

Institutions had net bought Rs 3,978.31 crore worth of equities in July alone; the only month of the year so far when institutions remained net buyers.

Institutions have net bought Rs 11,838.1 crore worth of equities in August and net sold equities worth Rs 36,601.59 crore in 2022.

The Sensex gained nearly 380 points to end at 59,842.21 today. The Nifty, too, advanced by a similar magnitude to 17,825.25.