FPIs Stay Net Sellers For The Third Straight Day
Foreign portfolio investors sold stocks worth Rs 4,468.1 crore, according to provisional data from the NSE.
Overseas investors remained net sellers on Tuesday for a third consecutive session. Foreign portfolio investors offloaded stocks worth Rs 4,468.1 crore, according to provisional data from the National Stock Exchange.
This comes as benchmark stock indices extended loss for the third consecutive day, amid geopolitical concerns weighing on investor sentiment.
Domestic institutional investors remained net buyers for the sixth day and mopped up equities worth Rs 2,040.4 crore, the NSE data showed.
Foreign institutions have been net buyers of Rs 13,067 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 124.6 points, or 0.56%, lower at 22,147.9, and the S&P BSE Sensex declined 456.1 points, or 0.62%, to close at 72,943.68.