FIIs invest Rs 15,000 crore in Indian stocks, biggest single-day buying in a year

economictimes.indiatimes.com —

Foreign institutional investors invested Rs 14,975 crore in Indian equities on Thursday, their largest single-day purchase in over a year, boosting market sentiment and sending the Nifty up 2.4%. The buying spree, which followed months of heavy foreign selling, saw domestic institutions sell shares worth Rs 10,445 crore. FIIs have invested a net Rs 39,404 crore over 13 sessions since October 16. The reversal was driven by easing crude oil prices, improving global cues, and strong corporate earnings. The Nifty gained over 8% in six sessions, while the Sensex jumped 2.6%.


With a significance score of 1.8, this news ranks in the top 27% of today's 32662 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: