On September 23, foreign institutional investors (FIIs) continued their selling streak, offloading equities worth ₹3,551 crore, according to provisional exchange data. In contrast, domestic institutional investors (DIIs) remained net buyers, purchasing shares worth ₹2,671 crore.
During the session, DIIs bought equities worth ₹13,526 crore and sold ₹10,855 crore. Meanwhile, FIIs purchased shares worth ₹12,222 crore but exited positions worth ₹15,773 crore.
For the year to date, FIIs have been net sellers with total outflows of ₹2.27 lakh crore. DIIs, on the other hand, have consistently supported the markets, recording net investments of ₹5.54 lakh crore.
Market Performance
The Sensex slipped 58 points to close at 82,102, while the Nifty 50 declined 33 points to end at 25,170. Broader market sentiment remained weak, with 2,216 stocks declining compared to 1,751 advancing.
Among the top gainers were IndusInd Bank (up 2.9%), JSW Steel (up 2.4%), Axis Bank (up 2.3%), and Bajaj Finance (up 1.9%).
Sector-wise, metals and banking stocks advanced on positive demand outlook, while FMCG, IT, realty, consumer durables, and smallcap stocks witnessed declines. Auto counters also gained on festive demand, with Maruti Suzuki, M&M, Tata Motors, and Hero MotoCorp among the notable risers.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Market investments are subject to risks; readers should consult their financial advisor before making investment decisions.