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Foreign Investors Sell as Domestic Funds Support Indian Stocks

Foreign Investors Sell as Domestic Funds Support Indian Stocks
FIIs Sell ₹5,610 Crore In 3 Sessions, DIIs Pour ₹23,160 Crore Into Indian Stocks Despite Market Fall · freepressjournal.in

Foreign investors sold a large amount of Indian stocks during the week.

This was their third week in a row of selling.

Indian investment funds bought even more stocks during all five trading sessions.

Their buying helped reduce some of the pressure on the market.

The Nifty, a major Indian stock index, still fell by 1.2%.

Higher oil prices and tensions in West Asia made investors nervous.

Some investors continued buying individual companies they believed had stronger prospects.

Small-cap stocks rose slightly, while mid-cap stocks fell.

Investors will watch foreign flows, oil prices, the rupee and domestic buying for clues about what happens next.

Key facts

Foreign institutional flows
FIIs sold ₹5,610 crore of Indian equities during the week.
Domestic institutional flows
DIIs bought ₹23,160 crore across all five sessions.
Nifty performance
The Nifty ended at 23,897, down 1.2% for the week.
Mid-cap performance
The Nifty Midcap index declined 1.5%.
Small-cap performance
The Nifty Smallcap index gained 0.1%.
Market streak
Benchmark indices declined for the fourth consecutive week.
Analyst observation
Pabitro Mukherjee of Bajaj Broking said FIIs remained sellers for a third straight week while DIIs extended their buying streak.

Sources

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