FIIs net sell Indian equities worth Rs 3263 crore while DIIs net buy Rs 5284 crore

Market Performance

Indian equity markets finished on a subdued note on November 6, with the Nifty retreating toward the 25,500 level as overall sentiment remained weak and investors adopted a risk-off approach. Baja Broking Research's note says that attention will be now on key U.S. economic indicators due this week, particularly the ISM Manufacturing and Services PMI readings. These data points are expected to provide cues on global growth trends and could play a significant role in shaping market sentiment worldwide. By the close, the Sensex slipped 148 points (0.18%) to end at 83,311, while the Nifty declined 88 points (0.34%) to settle at 25,510. Across sectors, metal, power, realty, and media indices saw notable pressure, falling between 1.5% - 2.5%. In contrast, auto and IT sectors managed to buck the trend, recording marginal gains. In the broader market space, the Midcap index dropped 0.95%, while the Small-capindex saw a steeper fall of 1.39%, reflecting continued profit booking and cautious positioning among investors.

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