FII Selling Hits ₹7,620 Crore This Week, Domestic Investors Counter With ₹11,232 Crore Infusion
New Delhi: Foreign institutional investors remained net sellers for a fifth consecutive week, withdrawing ₹7,620 crore from Indian equities, according to exchange data. Domestic institutional investors continued to support the market, purchasing shares worth ₹11,232 crore. Their buying helped benchmark indices recover from their mid-week lows. FII Selling Continues In September Foreign investors…
In the latest exchange data, foreign institutional investors (FIIs) withdrew ₹7,620 crore from Indian equities, marking a fifth consecutive week of net selling. However, domestic institutional investors (DIIs) counteracted this trend by investing ₹11,232 crore in the market. The buying by DIIs helped benchmark indices recover from their mid-week lows.
So far this month, foreign investors have sold shares worth a net ₹7,041 crore, while domestic institutions have invested ₹36,219 crore in the same period. Despite the Nifty declining 3.05% from its August-end level of 24,080.40, analysts expect sustained foreign selling and global uncertainties to keep Indian stock markets volatile.
Nonetheless, regular domestic fund buying could offer support and prevent deeper declines. Both the Sensex and Nifty recovered for a second straight day on Friday, buoyed by falling crude oil prices and bargain buying after recent market corrections.
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