FIIs net sell shares worth Rs 2,307 crore, DIIs net buy Rs 2,027-crore shares

In the year so far, FIIs have net sold shares worth Rs 2.76 lakh crore, while DIIs have bought Rs 5.41 lakh crore shares.

On November 11, Domestic Institutional Investors (DII) net bought shares worth Rs 2,027
crore. On the other hand, Foreign Institutional Investors (FIIs) net sold shares worth Rs 2,307 crore, provisional data from NSE showed.

DIIs bought Rs 9,849 crore and sold shares worth Rs 7,822 crore. Meanwhile, FIIs purchased Rs 9,431 crore in shares and offloaded equities worth Rs 11,738 crore during the trading session.

In the year so far, FIIs have net sold shares worth Rs 2.76 lakh crore, while DIIs have bought Rs 5.41 lakh crore shares.

Also read: Taking Stock: Sensex, Nifty flat amid volatility; IT, banks shine, autos drag

Market view

At close, the Sensex was up 9.83 points or 0.01 percent at 79,496.15, and the Nifty was down 6.9 points or 0.03 percent at 24,141.30.

Power Grid Corp, Trent, Infosys, HCL Tech, Tech Mahindra were among major gainers on the Nifty, while losers were Asian Paints, Britannia, Apollo Hospitals, Cipla and ONGC.

Among sectors, bank and IT index gained, while auto, FMCG, healthcare, metal, oil & gas, media fell by around 1 percent each.

On today's market, Deepak Jasani, Head of Retail Research at HDFC Securities noted that cash market volumes were lower as traders saw limited opportunity to make money in an uncertain trended market and broad market indices fell much more than the Nifty as nervousness spread to the broader market. Jasani added, "European markets advanced as Donald Trump’s victory in the US presidential race continued to boost appetite for equities. However Asian equities were mostly down as the Chinese stimulus measures and inflation data disappointed traders."

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.