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FPIs Stay Net Sellers For The Sixth Straight Day

Foreign portfolio investors offloaded equities worth Rs 6,792.8 crore, according to data from the NSE.

<div class="paragraphs"><p>The Bombay Stock Exchange on Dalal Street. (Source: Reuters)&nbsp;</p></div>
The Bombay Stock Exchange on Dalal Street. (Source: Reuters) 

Overseas investors in Indian equities remained net sellers for the sixth day in a row on Monday.

Foreign portfolio investors offloaded equities worth Rs 6,792.8 crore, according to data from the National Stock Exchange.

On the other hand, domestic institutional investors mopped up stocks worth Rs 5,512.6 for the sixth 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 36,025.09 crore worth of Indian stocks so far in 2023.

The S&P BSE Sensex closed 170 points higher, or 0.29%, at 59,500.41, while the NSE Nifty 50 gained 45 points, or 0.25%, to end at 17,648.95.