Foreign portfolio investors turned net buyers of Indian equities on Tuesday after nine straight sessions of selling as they mopped up stocks worth approximately Rs 4,786.6 crore.
Domestic institutional investors stayed net buyers for the 10th straight session as they bought equities worth Rs 3,072.2 crore, according to provisional data from the National Stock Exchange.
As per the NSE data, the FPIs bought stocks worth Rs 14,537.7 crore and sold equities worth Rs 9,751.1 crore.
Data on buying and selling into individual stocks was not available. However, in a block deal, Bharti Airtel Ltd.’s promoter—Mauritius-based Indian Continent Investment Ltd—offloaded 51.1 million shares for Rs 8,485 crore, with Bharti Telecom Ltd. acquiring 12 million shares of the firm.
