FIIs net buy Indian equity shares worth Rs 390 crore, DIIs pump in Rs 2105 crore

Indian equity benchmark indices ended their three-day winning streak today, as investors booked profits after the benchmarks touched a two-month high

Foreign investors (FIIs/FPIs) turned net buyers on Friday, September 19, of Indian equities worth Rs 390 crore. Domestic institutional investors (DIIs) also continued their momentum as net buyers, picking up shares worth Rs 2,105 crore, according to provisional exchange data.

DIIs purchased shares worth Rs 14,840 crore and sold shares worth Rs 12,735 crore. FIIs too bought shares worth Rs 37,090 crore, but sold shares totalling Rs 36,700 crore.

For the year so far, FIIs have been net sellers of shares worth Rs 2.20 lakh crore, while DIIs have net bought shares worth Rs 5.48 lakh crore.

Market Performance

Indian equity benchmark indices ended their three-day winning streak today, as investors booked profits after the benchmarks touched a two-month high. Market sentiment was further dampened by caution ahead of the holiday and lingering uncertainty over the India–US trade deal.

On Thursday, the Nifty briefly crossed the 25,400 mark, while the Sensex moved past 82,100 intraday. However, both indices retreated, with the Sensex slipping 388 points, or 0.40%, to close at 82,626, and the Nifty easing 71 points, or 0.30%, to settle at 25,353

Motilal Oswal's weekly recap further highlights that IT and FMCG counters came under selling pressure, while midcap and small-cap indices ended marginally higher. On the contrary, PSU banks extended their rally, with the Nifty PSU Bank Index rising over 1% as PNB, Bank of India, Union Bank, UCO Bank, and SBI gained 1-3%.

Vodafone Idea jumped 7% to Rs 8.40 after the Supreme Court deferred hearing on its AGR plea to September 26, following the government’s statement that it did not oppose the plea and stressed the need for a resolution.

Adani group stocks also saw strong buying after SEBI dismissed certain allegations made by Hindenburg Research. Adani Enterprises surged 6%, while Adani Green, Adani Energy, Adani Power, NDTV, and Adani Wilmar advanced up to 12%.

Globally, US equities hit fresh record highs, with the Dow, S&P 500, Nasdaq, and Russell 2000 climbing up to 1% after the Federal Reserve resumed its rate-cutting cycle and signaled further easing.

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