Domestic Institutional Investors (DII) net bought shares worth Rs 6646 crore while Foreign institutional investors (FIIs) net sold shares worth Rs 9792 crore, provisional data from NSE showed on September 30.
DIIs bought Rs 17,881 crore worth of shares and sold shares worth Rs 11,235 crore. Meanwhile, FIIs purchased Rs 16,621 crore in shares and offloaded equities worth Rs 26,413 during the trading session.
In the year so far, FIIs have net sold shares worth Rs 1.39 lakh crore, while DIIs have bought Rs 4.19 lakh crore shares.
Also read: Taking Stock: Profit booking drags Nifty below 25,850, Sensex slips 1,272 pts; media, metals shine
Market View
It was yet another volatile day on the market. At close, the Sensex was down 1,272.07 points or 1.49 percent at 84,299.78, and the Nifty was down 368.20 points or 1.41 percent at 25,810.80.
Except metal, all indices closed in the red. Hero MotoCorp, Trent, Axis Bank, Reliance Industries, and Bharat Electronics were among the top losers on the Nifty, while gainers were JSW Steel, Hindalco Industries, NTPC, Tata Steel, and Britannia Industries.
On today's market, Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher noted that the Indian market reflected bearish sentiment today. But added that despite the downturn, sectors like consumer durables and automobiles may see increased demand during the upcoming festive season, although rising inflation could temper growth. "Attention will also be on key economic data releases in the coming weeks, including: Infrastructure Output, Current Account Balance, Manufacturing PMI, WPI Inflation. Additionally, upcoming RBI policy decisions could significantly influence market direction,” he said.
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