FIIs dump over Rs 6,000 crore worth shares; DIIs buy nearly Rs 7,000 crore on March 6

FIIs flow on March 6

• FIIs dump over Rs 6,000 crore worth shares
• DIIs buy nearly Rs 7,000 crore worth shares
• Supply worries amid escalating tensions in the Middle East lifted oil prices to 23 months high

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Foreign investors (FIIs/FPIs) net sold Rs 6,030 crore worth of Indian equities on March 6, 2026. On the contrary, domestic institutional investors (DIIs) net bought shares worth nearly Rs 6,972 crore, according to provisional exchange data.

During the trading session on Friday, FIIs purchased shares worth Rs 14,435 crore but sold shares worth Rs 20,465 crore. Meanwhile, DIIs bought shares aggregating Rs 19,662 crore and offloaded shares worth Rs 12,691 crore.

For the year so far, FIIs have been net sellers of shares worth Rs 60,364 crore, while DIIs have net bought shares worth Rs 1,28,348 crore.

Market Performance

The market reversed all its previous day's gains on March 6 as supply worries amid escalating tensions in the Middle East lifted oil prices to nearly 23 months high and raised inflation concerns. The benchmark indices remained under pressure throughout session with the Nifty 50 index falling 315 points (1.27 percent) to 24,450, and the BSE Sensex slipping 1,097 points (1.37 percent) to 78,919 as the selling was seen across sectors barring IT.

But the broader markets fared better than the benchmarks as the Nifty Midcap and Smallcap 100 indices declined 0.69 percent and 0.24 percent, respectively.

"A sustained rise in oil prices could weigh on investor sentiment and adversely affect India’s twin deficits, inflation trajectory, and the RBI’s monetary stance," Vinod Nair, Head of Research at Geojit Investments said.

An uptick in US 10 year bond yield and a stronger dollar have prompted FIIs to adopt a risk off approach toward domestic equities, he added.

According to him, while geopolitical tensions remain a near term overhang, selective value buying opportunities are expected to emerge, offering long term investors attractive entry points.

Brent crude oil surged 6.6 percent to $89.9 a barrel at 19:28 hours IST, after hitting an intraday high of $90.25 a barrel and formed long bullish candlestick pattern on the daily charts.

Surging crude oil prices and a shift toward risk-aversion weigh on the currency. The Indian rupee weakened by 0.2 percent to 91.92 against the US dollar.

"Heightened geopolitical uncertainty risks driving energy costs higher, which could widen the trade deficit and stoke inflationary pressures. As market sentiment favours the safe-haven US dollar, the rupee remains on a downward trajectory," Dilip Parmar, Research Analyst at HDFC Securities said.

Meanwhile, the India VIX spiked over 11 percent to close nearly 20 zone, signalling major discomfort for bulls. According to experts, any further rise in volatility could intensify downside risks for the market.