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FPIs Stay Net Sellers For The Fourth Straight Day

Foreign portfolio investors offloaded stocks worth Rs 2,823.3 crore, according to provisional data from the NSE.

<div class="paragraphs"><p>(Source: Freepik)</p></div>
(Source: Freepik)

Overseas investors remained net sellers of Indian equities on Thursday for the fourth consecutive session. Foreign portfolio investors offloaded stocks worth Rs 2,823.3 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors stayed net buyers for the fourth day and mopped up equities worth Rs 6,167.6 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 4,562 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.

The NSE Nifty 50 ended 167.95 points, or 0.75%, higher at 22,570.35, while the S&P BSE Sensex gained 486.50 points, or 0.66%, to close at 74,339.44.