On Friday, December 5, Foreign Portfolio Investors/ Foreign Institutional Investors (FPIs/FIIs) net sold Indian equities worth Rs 439 crore. Meanwhile, Domestic Institutional Investors (DIIs) bought Indian equities worth Rs 4189 crore, as per data on the exchanges.
FPI/FIIs bought shares worth Rs 11,456 crore, while offloading marginally higher at Rs 11,895 crore. As for DIIs, the buying was worth Rs 16,058 crore and selling was lower, at Rs 11,869 crore.
For the year so far, FII/FPIs remain net sellers, offloading Indian equities worth Rs 2,68 lakh crore. On the other hand, DIIs added strength to the market with their buying spree reaching Rs 7.25 lakh crore for the year so far.
Market PerformanceMarkets witnessed a volatile session on Friday but still managed to end higher by over half a percent. The sentiment was cautious in the early hours; however, strength in heavyweight stocks across sectors improved the tone as the day progressed. As a result, the Nifty closed near the day’s high at 26,186.45, up 0.59%. Sectorally, most indices contributed to the up-move, with banking, financials, and IT leading the gains. The broader markets showed a mixed trend, with the Midcap index rising 0.45%, while the Small-cap index declined by more than 0.5%.
Reflecting on the market performance today, Ajit Mishra – SVP, Research, Religare Broking, said, "The RBI Monetary Policy Committee’s outcome served as the key catalyst for the rebound. The committee unanimously cut the repo rate by 25 bps to 5.25%, maintained a neutral stance, raised the FY26 GDP forecast to 7.3%, and lowered the CPI inflation projection to 2%. This announcement triggered fresh buying in rate-sensitive financials and NBFCs, helping offset the impact of mixed global cues."
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