Foreign institutional investors (FIIs) resumed net selling in Indian equities on December 23, offloading shares worth ₹1,795 crore, according to provisional exchange data. In contrast, domestic institutional investors (DIIs) remained net buyers, purchasing equities worth ₹3,812 crore during the session.
During the day, DIIs bought shares valued at ₹15,296 crore and sold ₹11,238 crore, while FIIs purchased equities worth ₹10,714 crore but sold shares totalling ₹11,171 crore.
On a year-to-date basis, FIIs have been net sellers of ₹2.77 lakh crore, whereas DIIs have net invested ₹7.61 lakh crore in Indian equities.
Market Performance
Benchmark indices ended the session on a mixed note. The Sensex slipped 42.64 points (0.05%) to close at 85,524.84, while the Nifty edged up 4.75 points (0.02%) to 26,177.15. The midcap index finished flat, while the small-cap index gained 0.37%.
Sector-wise, IT, healthcare, PSU banks, and realty stocks declined between 0.2% and 0.8%, whereas media stocks rose 0.6%. Metals and PSU stocks advanced about 0.5% each, and the energy index gained 0.6%.
Market breadth remained positive for the third consecutive session, with the BSE advance-decline ratio at 1.22, indicating sustained buying interest in mid- and small-cap stocks.
Meanwhile, the Indian rupee ended flat for the second straight session, as year-end portfolio rebalancing flows offset intraday weakness. However, analysts caution that rising bond yields, higher forward premiums, and thinning liquidity could lead to increased volatility in the near term.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are advised to consult financial professionals before making investment decisions.
