DIIs net buy shares worth Rs 4,519 crore, FIIs net sell Rs 4,614 crore

At close, the Sensex was down 426.85 points or 0.53 percent at 79,942.18, also the Nifty slipped by 126 points or 0.51 percent at 24,340.85.

On October 30, Domestic Institutional Investors (DII) net bought shares worth Rs 4,518.65 crore. On the other hand, Foreign institutional investors (FIIs) net sold shares worth Rs 4,613.65 crore, provisional data from NSE showed.

DIIs bought Rs 12,594.06 crore worth of shares and sold shares worth Rs 9,075.78 crore. Meanwhile, FIIs purchased Rs 14,908.59 crore in shares and offloaded equities worth Rs 19,522.24 crore during the trading session.

In the year so far, FIIs have net sold shares worth Rs 2.47 lakh crore, while DIIs have bought Rs 5.21 lakh crore shares.

Market View

At close, the Sensex was down 426.85 points or 0.53 percent at 79,942.18, while the Nifty slipped by 126 points or 0.51 percent at 24,340.85.

Adani Enterprises, Hero Motocorp, Tata Consumers, Britannia Industries, and Maruti Suzuki were among the top gainers on the Nifty, while losers included Cipla, Shriram Finance, HDFC Life, Trent, and Infosys.

On the sectoral front, metal, media, fmcg, and auto were in green, while bank, financial services, pharma, IT and realty were down.

On today’s market Mr. Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd., said: “FIIs continue their selling streak while the DIIs remain net buyers, although trading activity remain subdued ahead of Diwali this week. Markets are facing pressure and tend to remain volatile amid uncertainty around US presidential elections slated to be held on November 5th. The second leg of Q2 results will resume in the next week post-Diwali. Market seems to have taken support at lower levels and is likely to consolidate over the next few days."

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