FIIs pump in Rs 997 crore while DIIs bought Rs 4,000 crore-worth of Indian equities

Reflecting on the market performance today, Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services, said: "Indian equities closed higher for the day, with the Nifty advancing 262 pts (+1%) amid expectations of a domestic earnings rebound and renewed foreign inflows. The rally was broad-based, supported by strong Q2 results and improving sentiment."

Broader markets strengthened, with the Nifty Midcap100 rising 0.5% and the Smallcap100 gaining 0.2%, indicating widespread buying across segments. Sectorally, gains were led by Nifty Realty (+2%) and FMCG (+2%), driven by better-than-expected results from Nestle. This was followed by Consumer Durables and Private Banks, supported by robust corporate earnings and demand resilience. The

Auto sector rose 1.3%, reflecting festive demand optimism post GST cuts on small cars, two-wheelers, and tractors, while IT Hardware (-0.8%) lagged amid U.S.–China trade tensions. Additionally, the government’s expected Rs 40,000–45,000 Cr defence capex boost and a potential PSU bank merger supported market optimism. "Investor confidence was further lifted by progress on India–U.S. trade talks, with discussions in Washington expected to focus on energy cooperation. We expect markets to edge upwards as the earnings season progresses and any positive developments emerge on the trade deal front," he added.

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