Foreign Institutional Investors sold Indian equities for the sixth consecutive session on Monday. However, resilient flows from domestic investors boosted the sentiment and led the markets to end at day’s high. According to data available on exchanges, FIIs sold shares worth Rs 412 crore in the cash markets, against Rs 2,116 crore worth of shares sold in Friday’s trading session. The Sensex ended higher by 401 points at 60,056, while the Nifty ended at 17,743, up 119 points.
Flows from foreign institutional investors so far in April have now turned negative after today’s selling.