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FPIs Stay Net Buyers For The Second Straight Day

Foreign portfolio investors bought stocks worth Rs 2,170 crore, according to provisional data from the NSE.

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

Overseas investors remained net buyers of Indian equities for the second consecutive day on Wednesday.

Foreign portfolio investors bought stocks worth Rs 2,170 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors stayed net buyers as well and mopped up equities worth Rs 1,198 crore, the NSE data showed.

However, three mutual funds on Thursday acquired Aster DM Healthcare Ltd. shares worth Rs 1,266 crore. When that amount is discounted, DIIs' position turns negative with a net sell of Rs 68.45 crore.

Foreign institutions have been net buyers of Rs 6,851 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 closed 143.25 points, or 0.65%, higher at 22,147.95, and the S&P BSE Sensex ended 526.01 points, or 0.73%, up at 72,996.31.

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