FIIs net sell shares worth Rs 22 crore, DIIs net buy Rs 3,840 crore on August 5

FIIs net sell shares worth Rs 22 crores, DIIs net buy Rs 3,840 on August 5

On August 5, Foreign Portfolio Investors (FPIs) were net sellers to the tune of Rs 22 crore worth of shares in Indian equities, while domestic institutional investors (DIIs) net bought Rs 3,840 crore worth of shares, according to provisional NSE data.

DIIs purchased equities worth Rs 14,250 crore and offloaded shares amounting to Rs 10,410 crore. FPIs, on the other hand, bought stocks worth Rs 15,251 crore while selling Rs 15,273 crore.

For the year so far, FIIs have been net sellers of equities worth Rs 1.68 lakh crore and DIIs were net buyers worth Rs 4.19 lakh crore.

Market Performance

Domestic equities ended lower on Tuesday as investors turned cautious amid weak global cues and persistent geopolitical uncertainties. The Sensex fell 308 points to settle near 80,710, while the Nifty 50 closed around 24,652, down nearly 70 points.

Selling pressure was evident across key sectors, with IT, banking, and FMCG stocks weighing on the indices. Infosys, HDFC Bank, and Hindustan Unilever were among the top drags. However, select auto and metal names offered some support, helping limit deeper losses. The broader markets also followed suit, with the Nifty Midcap 100 and Smallcap 100 indices declining about 0.4% each.

“Markets witnessed profit-booking in frontline stocks amid a lack of fresh triggers and global uncertainty. While the near-term trend may remain range-bound, investor focus will shift to upcoming events like the RBI policy and key US macro data,” said Vikram Kasat, Head – Advisory at PL Capital.

In the currency market, the rupee slipped further to close at approximately Rs 87.66 per US dollar, weighed down by foreign fund outflows and trade-related concerns. Meanwhile, gold prices edged higher, with 24K rates hovering near Rs 10,222 per gram, as safe-haven demand remained firm.

Looking ahead, analysts expect the Nifty to trade in a consolidation range between 24,600 and 24,800 in the near term, with global and domestic macro indicators likely to drive sentiment.