FIIs net sell shares worth Rs 1539 crore, DIIs net buy Rs 2809 crore

At close, the Sensex was up 592.93 points or 0.78 percent at 76,617.44, and the Nifty was up 166.65 points or 0.72 percent at 23,332.35.

On April 2, Foreign institutional investors (FII/FPI) were net sellers of shares worth Rs 1539 crore, while Domestic institutional investors (DII) were net buyers of shares worth approximately Rs 2809 crore, according to provisional data.

During the trading session, DIIs net bought shares worth Rs 11,762 crore and sold shares worth Rs 8,953 crore. FIIs purchased shares worth Rs 12,099 crore and sold shares worth Rs 13,638 crore.

For the year so far, FIIs have been net sellers of shares worth Rs 1.47 lakh crore, while DIIs have net bought Rs 1.85 lakh crore worth of shares.

Also read: Taking Stock: Market snaps 2-day fall; Nifty above 23,300, Sensex up 593 points

Market Performance

At close, the Sensex was up 592.93 points or 0.78 percent at 76,617.44, and the Nifty was up 166.65 points or 0.72 percent at 23,332.35.

All the sectoral indices ended in the green with FMCG, Consumer Durables, Realty up 1-3 percent.

BSE Midcap and smallcap indices rose nearly 1 percent each.

Tata Consumer, Zomato, Titan Company, IndusInd Bank, Maruti Suzuki were among major gainers on the Nifty, while losers were Bharat Electronics, UltraTech Cement, Nestle India, Power Grid Corp and L&T.

On today's markets, Shrikant Chouhan, Head Equity Research, Kotak Securities noted that as long as the market is trading above 23150/76000, the pullback formation is likely to continue. "On the upside, it could move up to 23500/77000. A dismissal of 23500/77000 could push the market towards 23650/77500. Conversely, if the market falls below 23150/76000, selling pressure may intensify, and it could slip to the 23000-22950/75500-75300 range," he added.

Nandish Shah - Deputy Vice President, HDFC Securities added that the narket's near-term market trajectory hinges on Trump's tariff announcement details. Trump plans to roll out tariffs on global trading partners during an event planned for 4:00 PM Wednesday (1:30 AM IST, Thursday).