AFTER CLOSING in the red on the last day of 2024, benchmark indices started the new year on a positive note. On Wednesday, the Sensex hit a high of 78,756.49, up 617.48 points or 0.79%.
However, it pared some gains to end the day at 78,507.41, up 368.40 points or 0.47%. The Nifty soared by 98.10 points or 0.41% to close at 23,742.90. The indices remained in the positive territory for most part of the trading session.
However, foreign portfolio investors (FPIs) continued to be on a selling spree. According to provisional data from exchanges, FPIs sold equities worth ₹1,782.71 crore while domestic institutional investor (DIIs) net bought shares worth ₹1,690.37 crore.
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