Domestic institutional investors (DII) were net buyers of shares worth Rs 9,156 crore, while foreign investors (FII) were net sellers of shares worth Rs 10,074 crore, provisional data from NSE showed on August 5.
DIIs bought Rs 23,767 crore worth of shares and sold shares worth Rs 14,611 crore. Meanwhile, FIIs purchased Rs 12,724 crore in shares and offloaded equities worth Rs 22,798 crore during the trading session.
Also read: Monday mayhem: Global turmoil drags Sensex, Nifty 3% lower; all sectors in red
For the year so far, FIIs have net bought shares worth Rs 1.39 lakh crore, while DIIs have bought shares worth Rs 2.76 lakh crore.
Market view
Amidst weak global sentiments led by potential US recession worries after disappointing job data, manufacturing PMI, and jobless claims, the Nifty50 index breached 23,900 for the first time since June 26.
At close, the Sensex was down 2,222.55 points or 2.74 percent at 78,759.40, and the Nifty was down 662.10 points or 2.68 percent at 24,055.60.
On today's market, Asit C. Mehta's Hrishikesh Yevde noted that technically, the index witnessed heavy selling pressure after forming a spinning top pattern and ended with a red candle. "A strong break below 24,000 will likely trigger further selling pressure in the index. On the downside, 23,300 and 23,000 will provide significant support for the Nifty in the immediate term," he said.
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
