On day, December 16, Foreign Portfolio Investors/Foreign Institutional Investors (FPIs/FIIs) were net sellers of Indian equities worth Rs 2382 crore. Meanwhile, Domestic Institutional Investors (DIIs) acquired equities worth Rs 1077 crore, as per data available on the exchanges.
FPIs/FIIs bought shares worth Rs 10,465 crore, while selling a higher amount of Rs 12,846 crore. As for DIIs, buying stood at Rs 12,489 crore, while selling was lower at Rs 11,411 crore.
For the year so far, FII/FPIs remain net sellers, having offloaded Indian equities worth Rs 2.67 lakh crore. On the other hand, DIIs have added significant strength to the market, with their cumulative buying reaching Rs 7.20 lakh crore during the same period - the highest ever in a single year.
Market PerformanceThe Indian equity market extended its losses after opening in negative territory, weighed down by a sharp depreciation in the Indian rupee, which breached the 91 mark, and persistent outflows from foreign investors. Ongoing global uncertainties further dampened sentiment, keeping market participants cautious. At the close, the Sensex declined by 533.50 points (0.63%) to settle at 84,679.86, while the Nifty slipped 167.20 points (0.64%) to end at 25,860.10.
Bajaj Broking's analysis further reveals that sectoral breadth remained weak, with selling pressure witnessed across most sectors. The major drag on the market came from Nifty Realty, Private Banks, IT, and Metals, all of which traded under notable pressure. In contrast, Nifty Media and Consumer Durables were the only sectors to trade marginally in the green, showing relative resilience amid broad-based weakness. Broader markets also remained under pressure, with Nifty Midcap 100 declining by 0.83% and Nifty Small cap 100 slipping 0.92%, reflecting broad-based selling across the mid and small-cap segments
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