FIIs net sell shares worth Rs 974 crore, DIIs net buy Rs 1,779 crore

In the year so far, FIIs have net sold shares worth Rs 1.24 lakh crore, while DIIs have bought 4.02 lakh crore shares.

On September 25, Domestic Institutional Investors (DII) net bought shares worth Rs 1,779 crore. On the other hand Foreign institutional investors (FIIs) net sold shares worth Rs 974 crore, provisional data from NSE showed on September 25.

DIIs bought Rs 12,899 crore worth of shares and sold shares worth Rs 11,120 crore. Meanwhile, FIIs purchased Rs 15,087 crore in shares and offloaded equities worth Rs 16,061 during the trading session.

In the year so far, FIIs have net sold shares worth Rs 1.24 lakh crore, while DIIs have bought 4.02 lakh crore shares.

Also read: Taking Stock: Nifty closes above 26,000 for the first time, Sensex gains 256 pts

Market View

At close, the Sensex was up 255.83 points or 0.30 percent at 85,169.87, and the Nifty was up 63.75 points or 0.25 percent at 26,004.15.

Power Grid Corp, NTPC, Axis Bank, Grasim Industries, Bajaj Finserv were among the top gainers on the Nifty, while losers are LTIMindtree, Tech Mahindra, Tata Consumer, Tata Motors and Titan Company.

Osho Krishnan, Senior Analyst, Technical & Derivatives of - Angel One notes that they remain sanguine with strategic risk management and would advise to keep booking profits at the elevated terrain. "Additionally, sector churning is prudent and requires exclusivity in stock selection for out performance. Simultaneously, it is advisable to stay vigilant to global developments," he said.

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