Foreign investors (FIIs/FPIs) remained net buyers on Thursday, November 20. They net bought Rs 284 crore worth of Indian equities. At the same time, domestic institutional investors (DIIs) net bought shares worth Rs 824 crore, according to provisional exchange data.
DIIs purchased shares worth Rs 13,052 crore and sold shares worth Rs 12,227 crore. In contrast, FIIs bought shares worth Rs 14,770 crore but sold shares totalling Rs 14,486 crore.
For the year so far, FIIs have been net sellers of shares worth Rs 2.52 lakh crore, while DIIs have net bought shares worth Rs 6.79 lakh crore.
Market view
At close, the Sensex was up 446.21 points or 0.52 percent at 85,632.68, and the Nifty was up 139.50 points or 0.54 percent at 26,192.15.
Nifty Bank continued hitting fresh record high on the fourth consecutive session. The index touched new high of 59,440.10, finishing 0.22% higher at 59,347.70.
On the sectoral front, auto, capital goods, oil & gas, private bank, energy up 0.2-0.6%, while consumer durable, media, PSU Bank down 0.3-1.5 percent.
Eicher Motors, Bajaj Finserv, Bajaj Finance, Reliance Industries, Tech Mahindra were among major gainers on the Nifty, while losers were Asian Paints, HCL Technologies, Titan Company, Apollo Hospitals and Tata Steel.
On today's market, Vinod Nair, Head of Research, Geojit Investments Limited noted that Indian equities rose on optimism around India–US trade talks and progress on phase-1 agreements, boosting overall market sentiment. "Global cues also remained strong, led by tech-driven gains following solid earnings. Fresh FII inflows and strength in large-cap sectors such as Auto, Financials, and IT supported the upbeat trend. The near-term outlook remains positive, though investors should stay cautious ahead of key U.S. economic data that may create short-term volatility," he said.
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