FIIs net sell shares worth Rs 556 crore; DIIs net buy shares Rs 1,727 crore

FIIs net sell shares worth Rs 556 Crore; DIIs net buy shares Rs 1727 Crore

On February 27, Foreign institutional investors (FII/FPI) were net sellers of shares worth Rs 556 crore, while Domestic institutional investors (DII) were net buyers of shares worth approximately Rs 1727 crore, according to provisional data.

During the trading session of February 27, DIIs net bought shares worth Rs 13,530 crore and sold shares worth Rs 11,803 crore. FIIs purchased shares worth Rs 19,055 crore and sold shares worth Rs 19,611 crore.

For the year so far, FIIs have been net sellers of shares worth Rs 1,34,633 crore, while DIIs have net bought Rs 1,39,133 crore worth of shares.

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Market Performance 

On February 27, the Indian markets saw Sensex and Nifty beginning today's trading session with gains, turning to a more flattish performance for the rest of the day. Sensex was at 74,600 level with a gain of 0.014% while Nifty lost 0.011% to reach 22,500-level at closing. The non-banking financial companies saw significant rallies in their stock prices following the RBI's relaxation in risk weights on bank lending to the sector.

Reflecting on the market performance, Ajit Mishra – SVP, Research at Religare Broking said, “Markets traded dull on the monthly expiry day, closing nearly unchanged for the second straight session. After an initial uptick, Nifty quickly flattened, trading within a narrow range before settling at 22,545.05. Sectorally, a mixed trend persisted, with metals, banking, and financials performing well, while realty and auto remained under pressure. The broader indices underperformed, declining between 1% and 1.7%, further dampening sentiment.”

He highlighted that the past two sessions reflect indecision, likely due to oversold conditions. However, rotational selling across key sectors is not only limiting the rebound but also gradually dragging the index lower. “As the new derivatives series begins, we maintain our view of using rebounds to initiate shorts in the index until a decisive trend reversal emerges. Meanwhile, stock-specific opportunities continue on both sides, so trades should be aligned accordingly," he added.