FPIs Stay Net Sellers For Fourth Straight Day
FPIs offloaded equities worth Rs 2,393.9 crore, according to data from the National Stock Exchange.
Overseas investors in Indian equities remained net sellers of Indian equities for the fourth day in a row on Wednesday.
Foreign portfolio investors offloaded equities worth Rs 2,393.9 crore, according to data from the National Stock Exchange.
On the other hand, domestic institutional investors mopped up stocks worth Rs 1,378.5 for the fourth day in a row, according to NSE data.
Foreign institutions net bought Rs 14,398.8 crore worth of Indian equities in December, but have remained net sellers of Rs 23,254.4 crore of Indian stocks so far in 2023.
The S&P BSE Sensex closed 774 points, or 1.27%, lower at 60,205.06, while the NSE Nifty 50 ended 226 points, or 1.25%, down at 17,891.95.