New Delhi: Continuing their selling spree, foreign investors have dumped Indian equities worth over Rs 39,000 crore this month so far amid rising bond yields in the US, an appreciating dollar and prospects of more aggressive rate hikes by the Federal Reserve. With this, the net outflow by foreign portfolio investors (FPIs) from equities has […]
The Sensex ended 1,197.11 points or 2.46 per cent higher at 49,797.72. The BSE gauge topped the 50,000-level briefly and swung 1,554 points during the day.
Foreign portfolio investors (FPIs) were net sellers in the capital market as they offloaded shares worth Rs 483.64 crore on a net basis on Wednesday, according to provisional exchange data.
For the equity segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd.
After touching its record intra-day peak of 46,373.34, the 30-share BSE Sensex ended 154.45 points or 0.34 per cent higher at 46,253.46, its new closing record.
ITC was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC, TCS, Sun Pharma, Asian Paints, HCL Tech, Bajaj Finserv and NTPC.
