Foreign institutional investors (FII/FPI) continued their buying streak for the third straight session on March 25, purchasing shares worth Rs 5,371.57 crore while domestic institutional investors (DII) were net sellers of shares worth Rs 2,768.87 crore, provisional data showed.
During the trading session of March 25, FIIs net bought shares worth Rs 19,066.28 crore and sold shares worth Rs 13,694.71 crore. DIIs purchased shares worth Rs 11,692.98 crore and sold shares worth Rs 14,461.85 crore.
For the year so far, FIIs have been net sellers of shares worth Rs 1.49 lakh crore, while DIIs have net bought Rs 1.79 lakh crore worth of shares.
As for trade today, benchmark indices Nifty and Sensex extended their winning streak to a seventh straight session, however, gains remained muted as weakness in metal, and oil and gas stocks offset strength in the IT sector. Profit booking further weighed on sentiment, leading to a largely subdued session.
The broader market mirrored this weakness, with the Nifty Midcap 100 and Smallcap 100 slipping 1.1 and 1.5 percent, respectively. At close, the Sensex edged up 32.81 points or 0.04 percent to 78,017.19, while the Nifty gained 10.30 points or 0.04 percent to 23,668.65. Market breadth remained negative, with 2,868 stocks declining against 1,019 advancing, while 107 remained unchanged.
Sectorally, 12 out of 13 indices ended in the red, with Nifty IT standing out as the sole gainer, rising over 1 percent on the back of gains in Infosys, TCS, HCL Tech, and Wipro. Nifty Bank, which had added 0.4 percent at mid-day, eventually slipped into the red. The biggest laggards were Nifty Pharma, Metal, Oil and Gas, and PSU Bank, each losing nearly 1 percent. Nifty Auto, Consumer Durables, and Realty also declined, shedding up to 1 percent.
Despite the modest gains, the market remains cautious as profit booking and sectoral weakness continue to limit upside momentum.
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