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FPIs Turn Net Sellers After A Day

Foreign portfolio investors sold equities worth Rs 3,065.4 crore, according to data from NSE.

<div class="paragraphs"><p>The Bombay Stock Exchange building in Mumbai. (Photo: Reuters)</p></div>
The Bombay Stock Exchange building in Mumbai. (Photo: Reuters)

Overseas investors in Indian equities turned net sellers after a day on Thursday.

Foreign portfolio investors offloaded equities worth Rs 3,065.4 crore, according to data from the National Stock Exchange.

Domestic institutional investors remained net buyers for the ninth day in a row, mopping up stocks worth Rs 2,371.4 crore.

Foreign institutions net bought Rs 14,398.8 crore worth of Indian equities in December, but have remained net sellers of Rs 42,744.8 crore of Indian stocks so far in 2023.

The Sensex closed 224 points, or 0.38%, higher at 59,932.2, while the Nifty ended six points, or 0.03%, down at 17,610.4.