Foreign Bulls Unleash ₹45,960 Crore Buying Frenzy In Just Five Days, Indian Stock Markets Stage Spectacular Rally As Domestic Investors Turn Sellers
Mumbai: Foreign institutional investors (FIIs) staged a dramatic comeback in Indian equities, pumping ₹45,960 crore into domestic stocks during five trading sessions this week, triggering a powerful stock market rally . The massive inflows exceeded October's FII selling of ₹45,162 crore, marking a sharp turnaround in overseas investor sentiment. Foreign Comeback FIIs remained net buyers for the…
Foreign institutional investors (FIIs) poured ₹45,960 crore into Indian equities over five trading sessions, igniting a spectacular rally in the Indian stock markets. This marked a dramatic turnaround as FIIs switched from net sellers to net buyers for the second consecutive week, after a 10-week losing streak. Their aggressive purchases helped Indian benchmark indices, the Sensex and Nifty, record weekly gains of over 8.5 percent, with the Sensex closing at 79,310 and the Nifty at 24,537.
Domestic institutional investors (DIIs), however, continued to sell shares, netting ₹24,197 crore during the week, ending their 11-week buying streak. The surge was driven by improving corporate earnings, easing geopolitical tensions, and falling crude oil prices. FIIs' strong participation on Thursday and Friday, purchasing equities worth ₹28,724 crore, fueled the rally.
The Indian equity benchmarks continued their winning streak for seven consecutive sessions, their longest such run in three years. Analysts cautioned that sustaining the rally would depend on sustained foreign inflows, as domestic institutions booked profits, which could affect market momentum.
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