Indices decline for third day; FPIs sell shares worth Rs 1,507 crore

But their domestic counterparts buy Rs 1,373 crore of stocks

Indian markets fell for a third day in a row on Friday as foreign investors continued to take money off the table as economic uncertainty caused by the US Federal Reserve’s tightening of monetary policy and Russia’s war in Ukraine.
 

The benchmark Sensex closed at 57,362, a decline of 233 points or 0.41 per cent. The Nifty ended the session at 17,153, a decline of 70 points or 0.4 per cent. Both the indices posted their second straight weekly loss.
 

Foreign portfolio investors (FPIs) sold shares worth Rs 1,507 crore, while their domestic counterparts bought shares worth Rs 1,373 crore.