FIIs buy Rs.1,183.12 crore in local equity markets

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    Mumbai, Aug 19 (IANS) Foreign institutional investors (FIIs) have become net-buyers in the Indian equities market which touched a record high Tuesday.

    Data with the National Securities Depository Limited (NSDL) showed that foreign institutional investors (FIIs) bought Rs.1,183.12 crore or $193.77 million in the local equity markets.

    However, domestic institutional investors (DIIs), including banks, development finance institutions (DFIs), insurance and mutual funds, sold net stocks worth Rs.263.37 crore.

    The benchmark index of Indian equities markets touched a record high of 26,530.67 points, before closing flat at 26,420.67 points -- up barely 29.71 points or 0.11 percent.

    The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) touched a record high of 26,530.67 points in the morning session surpassing its previous high of 26,413.11 points recorded Monday.

    The wider 50-scrip Nifty of the National Stock Exchange (NSE) also hit a record high of 7,918.55 points and ended trade at 23.25 points or 0.30 percent up at 7,897.50 points.

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