Foreign investors (FIIs/FPIs) net sold Rs 4968 crore worth of Indian equities on Friday, November 14. This is the highest sell off so far for the month of November. At the same time, domestic institutional investors (DIIs) net bought shares at a record high since August 29, worth Rs 8461 crore, according to provisional exchange data.
DIIs purchased shares worth Rs 24,572 1 crore and sold shares worth Rs 6,111 crore. In contrast, FIIs bought shares worth Rs 12,384 crore but sold shares totalling Rs 17,352 crore.
For the year so far, FIIs have been net sellers of shares worth Rs 2.53 lakh crore, while DIIs have net bought shares worth Rs 6.69 lakh crore.
Market Performance
At close, the Sensex ended 84 points or 0.1 percent higher at 84,563, while the Nifty finished 31 points up at 25,910.
A note by Bajaj Broking further mentioned that indices remained under pressure for most of the session on 14 November, oscillating between losses and brief recoveries, before a strong late-afternoon rebound pushed them into the green. Volatility picked up as markets tracked the Bihar election outcome, the day’s key trigger. It was weighed down by weak global cues after Wall Street fell sharply overnight, led by declines in Nvidia and other tech majors as investors dialled back hopes of near-term rate cuts amid lingering inflation worries."
Sectoral trends were mixed, with PSU banks leading gains at 1.17 percent, followed by firm moves in pharma and FMCG. Energy and infrastructure saw mild upticks. On the downside, IT declined 1.03 percent, while auto, metal, and realty ended lower. Amongst the broader market space, Nifty Small-cap 100 rose 0.38 percent, while the Midcap 100 gained 0.08 percent.
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