Foreign institutional investors (FIIs) turned net sellers once again on December 30, offloading Indian equities worth ₹3,844 crore, marking the highest single-day selloff since November 28. In contrast, domestic institutional investors (DIIs) provided strong support to the market, making net purchases of shares worth ₹6,160 crore, as per provisional exchange data.
During the trading session, DIIs bought equities worth ₹44,583 crore and sold shares worth ₹38,423 crore. Meanwhile, FIIs purchased stocks worth ₹16,254 crore but sold holdings amounting to ₹20,098 crore, resulting in net outflows.
On a year-to-date basis, overseas investors have remained persistent sellers, with cumulative net outflows of ₹2.88 lakh crore so far. Domestic institutions, however, have emerged as key stabilisers, recording net equity purchases of ₹7.78 lakh crore during the same period.
Market performance
Benchmark equity indices witnessed largely range-bound movement during the session. The Nifty ended marginally lower by 3 points, while the Sensex closed down 20 points. Sectorally, metal stocks outperformed the broader market, with the Metal index rising around 2 percent. The Tourism index, on the other hand, was the biggest laggard, declining nearly 1 percent.
Disclaimer: This news article is for informational purposes only and does not constitute investment advice.
