FIIs net buy Rs 931 crore in equities; DIIs pump Rs 316 crore on May 14

Benchmark indices Nifty and Sensex ended with solid gains on May 14, powered by a sharp rebound in IT and metal stocks that lifted market sentiment.

Foreign institutional investors (FIIs) were net buyers to the tune of Rs 931 crore in Indian equities on May 14, while domestic institutional investors (DIIs) also added Rs 316 crore, provisional data from the NSE showed. The steady participation from both FIIs and DIIs provided continued liquidity support to the market.

During the trading session of May 14, FIIs bought shares worth Rs 14,861 crore and sold shares worth Rs 13,929 crore. DIIs purchased shares worth Rs 13,603 crore and sold shares worth Rs 13,287 crore.

For the year so far, FIIs have been net sellers of shares worth Rs 1.24 lakh crore, while DIIs have net bought Rs 2.27 lakh crore worth of shares.

Market Performance

Benchmark indices Nifty and Sensex ended with solid gains on May 14, powered by a sharp rebound in IT and metal stocks that lifted market sentiment. However, profit-taking in banking and FMCG names tempered the rally. Adding to the positive mood, April CPI inflation cooled to a 14-month low of 3.16 percent, offering room for potential rate cuts ahead. Meanwhile, India VIX dropped over 5 percent to dip below 18, reflecting easing market jitters.

Experts say that global markets remain volatile, swinging in response to shifting policy developments. The uncertainty triggered by Trump’s reciprocal tariff strategy has now eased following a deal between the US and China. With that chapter closed, the weakening trend of the dollar also seems to have reversed. The US 10-year bond yield has surged to 4.47 percent, which could affect foreign institutional investor (FII) inflows into India, one of the key factors supporting Indian equities. Additionally, as US-China ties improve, there’s a possibility that foreign capital may once again shift towards more attractively priced Chinese stocks.

The broader market outpaced the frontline indices as the Nifty Smallcap 100 (1.1 percent), while the Nifty Midcap 100 gained 1.44 percent trend is likely to persist as the earnings season, largely in line with expectations, draws to a close.

Tata Steel, Shriram Finance, Hindalco, Bharat Electronics, and Eternal were the major gainers on the Nifty. Laggards included Asian Paints, Cipla, NTPC, Kotak Mahindra Bank, and Tata Motors.

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