Year-to-date, offshore investors have sold $17.5 billion worth of Indian shares. (Photo Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The foreign portfolio investors on Tuesday turned net buyers of Indian shares after 10 days of selling. The FPIs bought stocks worth approximately Rs 1,440.66 crore, according to provisional data from the National Stock Exchange. The DIIs have stayed net buyers for nearly a month and bought stake worth Rs 452.57 crore.
In the last week, FPIs sold stake worth Rs 8,347.25 crore.
The FPIs sold stake worth Rs 1,602.04 crore on Monday, according to the National Securities Depository Ltd. So far in October FPIs have sold stakes worth Rs 6,899 crore, according to NSDL.
FPIs were net sellers for the third consecutive month, offl