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Foreign Investors Sell ₹7,620 Crore as Domestic Funds Support Markets
Foreign investors sold a large amount of shares in India for the fifth week in a row.
Domestic investment funds bought even more shares during the week.
Their buying helped support the stock market.
The Nifty and Sensex both rose on Friday.
Smaller and medium-sized companies gained more than the main indexes.
Lower Brent crude prices also made investors feel somewhat better.
However, the Nifty is still below its level at the end of August.
Analysts say markets could remain unsettled because of global events, oil prices and interest-rate worries.
Foreign institutional investors sold ₹7,620 crore of Indian equities this week, marking their fifth consecutive week of net selling.
Domestic institutional investors purchased ₹11,232 crore in shares and invested ₹36,219 crore during September.
The Nifty closed 0.33% higher at 23,346.40, while the Sensex ended at 74,294.96 on Friday.
Easing Brent crude prices and bargain buying helped Indian markets recover for a second consecutive session.
Analysts expect volatility amid foreign outflows, geopolitical uncertainty, elevated oil prices and interest-rate concerns, while domestic buying may limit declines.
- Who
- Foreign institutional investors, domestic institutional investors and Indian equity-market participants.
- What
- Foreign investors sold ₹7,620 crore this week while domestic institutions invested ₹11,232 crore, helping Indian markets recover on Friday.
- Where
- Indian equities and stock markets.
- When
- During the week and September to date; the latest recovery occurred on Friday.
- Why
- Foreign selling continued amid uncertain global conditions, while domestic buying, lower crude prices and bargain hunting supported markets.
Market Pressure View
Market Support View
Investor flows
Market Pressure View
Continued foreign selling for a fifth week could maintain pressure on Indian equities.
Market Support View
Domestic institutional buying exceeded foreign selling this week and may help limit deeper declines.
Near-term outlook
Market Pressure View
Global uncertainty, elevated oil prices, geopolitical developments and interest-rate concerns could keep markets volatile.
Market Support View
Easing Brent crude prices, bargain buying and potential alternative supply routes supported a short-term recovery.
Key facts
- Weekly FII activity
- Foreign institutional investors sold ₹7,620 crore.
- Weekly DII activity
- Domestic institutional investors bought ₹11,232 crore.
- September FII activity
- Foreign investors have sold a net ₹7,041 crore so far this month.
- September DII activity
- Domestic institutions have invested ₹36,219 crore so far this month.
- Nifty close
- The Nifty closed 0.33% higher at 23,346.40 on Friday.
- Sensex close
- The Sensex ended at 74,294.96.
- Key Nifty levels
- The 23,200–23,300 zone is viewed as support, while 23,400–23,600 is immediate resistance.
Sources
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