FII/FPIs net buy Indian equities worth Rs 944 crore against DII's selling of Rs 125 crore

Representative Photo

On Wednesday, February 11, Foreign Institutional Investors (FIIs/FPIs) stood net buyers of Indian equities worth Rs 944 crore while Domestic Institutional Investors dumped Rs 125 crore, according to provisional exchange data.

DIIs purchased shares worth Rs 14281 crore and sold shares worth Rs 14406 crore. In contrast, FIIs bought shares worth Rs 16859 crore but sold shares totaling Rs 15915 crore.

For the year so far, FPI/FIIs have been net sellers of shares worth Rs 34,729 crore, while DIIs have net bought shares worth Rs 73,160 crore.

Market Performance

Hitesh Tailor, Research Analyst - Research at Choice Equity Broking, spoke about the market's performance today, wherein Indian equity markets ended the session on a flat-to-positive note. Benchmark indices showing limited movement amid the absence of strong directional cues. At the close, the Sensex slipped 40.28 points (0.05%) to 84,233.64, while the Nifty gained 18.70 points (0.07%) to settle at 25,953.85.

"The Nifty 50 opened with an 80-point gap-up but traded in a narrow sideways range throughout the session, indicating consolidation and indecisive market sentiment. Technically, the index continues to face resistance in the 26,050–26,100 zone, while immediate support is placed in the 25,800–25,850 range," said Tailor.

The Bank Nifty also opened marginally higher with a 160-point gap-up and corrected to the day’s low of 60,444.65 before staging a recovery and finally closing at 60,745.35, suggesting buying interest emerging at lower levels and a mild intraday reversal. Resistance is seen at 60,950–61,050, while support is positioned at 60,450–60,550. The daily RSI at 60.68 reflects a positive momentum bias, though not in overbought territory.

"Overall, the market setup favors a buy-on-dips strategy near key support levels, while traders may wait for a decisive breakout above resistance zones before initiating fresh directional positions," he added.

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