Foreign institutional investors (FIIs) continued their selling spree in Indian equities on May 14, with net sales amounting to Rs 2,833 crore. Conversely, domestic institutional investors were net buyers, purchasing equities worth Rs 3,788 crore.
Provisional data from the exchanges revealed that FIIs bought shares worth Rs 11,412.04 crore and sold shares worth Rs 14,244.87 crore. In contrast, DIIs acquired shares worth Rs 12,915.36 crore while divesting shares worth Rs 9,126.98 crore during the session.
On May 15, the Sensex closed at 72,987.03 points, down 0.16%, while the Nifty closed at 22,200 points, down 0.078%. Among sectoral indices, the Nifty PSU Bank Index led gainers with a 1.4% increase, followed by Nifty Realty and oil & gas, both up by 1%. On the other hand, the Nifty FMCG Index was the top loser, down 1%, with Nifty auto down 0.5%. Both the Nifty Bank and Nifty Private Bank indices slipped 0.3% each.
Year-to-date, FIIs have sold shares worth Rs 120,621 crore, while DIIs have bought shares worth Rs 182,910 crore. The Nifty has advanced by 21.4% so far this year, while the Sensex has seen a 17.26% increase.
