FIIs net sell Rs 446 crore worth of shares, DIIs net buyers at Rs 320 crore on June 12

FIIs net sell Rs 446 crore worth of shares, DIIs net buyers at Rs 320 crore on June 12

Foreign Institutional Investors (FIIs) turned net sellers in Indian equities on June 11, reversing the strong buying momentum seen earlier in the week. According to provisional exchange data, FIIs and Foreign Portfolio Investors (FPIs) sold shares worth Rs 3,831 crore while DII's net bought Rs 9,393 crore.

Domestic Institutional Investors (DIIs) remained net buyers for another session, picking up shares worth Rs 21,386 crore and selling Rs 11,992 crore. In contrast, Foreign Institutional Investors bought Rs 11,656 crore worth of shares while having sold higher, worth Rs 15,488 crore of shares.

Despite intermittent buying, FIIs remain net sellers for 2025 so far, pulling out over Rs 1.24 lakh crore year-to-date. Meanwhile, DIIs have emerged as steady absorbers of selling pressure, with cumulative net purchases exceeding Rs 3.16 lakh crore.

Market Performance

Indian equities witnessed a sharp sell-off on Wednesday, with the Nifty50 slipping 1% amid global risk aversion. Weakness in US markets — dragged down by escalating geopolitical tensions in the Middle East and uncertainty surrounding the US-China trade deal — spilled over into Indian stocks. Amid this, the horrific Air India flight crashing in Ahmedabad also put Tata Group stocks under pressure.

The broader market today, also felt the heat, with the Nifty Midcap100 and Smallcap100 indices falling over 1% each, and all sectoral indices ending in the red.

Shares of oil marketing companies bore the brunt of surging crude prices, which spiked over 4% on Wednesday amid rising tensions between the US and Iran. Foreign investors continued to retreat from Indian equities, turning net sellers with outflows of Rs 446 crore in the day’s session.

“The global overhang weighed heavily on investor sentiment. The FIIs offloading shares further dampened the mood in the market,” said Siddhartha Khemka, Head of Research – Wealth Management at Motilal Oswal Financial Services.

Meanwhile, softer-than-expected US inflation data led the US dollar index to slip to a seven-week low. The US Consumer Price Index rose 2.4% year-on-year in May 2025, slightly below expectations of 2.5%, potentially bolstering the case for a Federal Reserve rate cut.

On the domestic front, there was a glimmer of relief. “India’s retail inflation came in at 2.82% in May—well below the expected 3%—marking its lowest reading in over six years,” Khemka noted. Looking ahead, he believes the market is likely to remain in a consolidation phase. “We expect markets to track global cues closely, while also watching for progress on the US-India trade deal,” he added.

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