On Friday, December 12, Foreign Portfolio Investors/ Foreign Institutional Investors (FPIs/FIIs) net sold Indian equities worth Rs 1,114 crore. Meanwhile, Domestic Institutional Investors (DIIs) bought Indian equities worth Rs 3,869 crore, as per data on the exchanges.
FPI/FIIs bought shares worth Rs 10,980 crore, while offloading marginally higher at Rs 12,094 crore. As for DIIs, the buying was worth Rs 15,617 crore and selling was lower at Rs 11,748 crore.
For the year so far, FII/FPIs remain net sellers, offloading Indian equities worth Rs 2.77 lakh crore. On the other hand, DIIs added strength to the market with their buying spree reaching Rs 7.45 lakh crore for the year so far.
Market performanceMarkets closed today with Sensex gaining 449.53 points (0.53%) to 85,267.66, while the Nifty advanced 148.40 points (0.57%) to 26,046.95.
Reflecting on today's market performance, Vinod Nair, Head of Research, Geojit Investments, said, "Indian equities opened the week on a subdued note, slipping below 26,000 amid caution ahead of the U.S. Federal Reserve policy decision, sustained FII outflows, continued rupee weakness, and uncertainty surrounding U.S.–India trade negotiations. Global risk-off sentiment was further heightened by rising Japanese bond yields and expectations of a BoJ rate hike in December. Sectoral performance was mixed, with being IT under pressure while PSU banks, real estate, and consumer durables witnessed selective buying.
"Market sentiment improved sharply later in the week after the Fed announced a 25-bps rate cut, easing liquidity concerns and fuelling hopes of renewed FII inflows. With supportive central bank policies, steady domestic investments, and optimism over trade progress despite unclear timelines, benchmarks closed the week on a strong note."
Looking ahead, he added that markets are likely to maintain a positive bias but remain sensitive to rupee stability, FII flow trends, and clarity on trade agreements, alongside global cues from the BoJ, ECB, and BoE. "India’s November CPI, due later today, is expected to remain within the RBI’s comfort zone, reinforcing policy stability, while robust DII inflows continue to cushion volatility. Risks persist from currency fluctuations and global trade uncertainties; however, improving earnings visibility and liquidity support provide a constructive backdrop and downside protection."
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