FIIs net sold shares worth Rs 2,910 crore, DIIs net bought Rs 2,583 crore on September 22

At close, the Sensex was down 466.26 points or 0.56 percent at 82,159.97, and the Nifty was down 124.70 points or 0.49 percent at 25,202.35. BSE Midcap and smallcap indices shed 0.7% each.

Foreign investors (FIIs/FPIs) net sold Rs 2,910 crore worth of Indian equities on Monday. At the same time, domestic institutional investors (DIIs) net bought shares worth Rs 2583 crore, according to provisional exchange data.

DIIs purchased shares worth Rs 12,716 crore and sold shares worth Rs 10,133 crore. In contrast, FIIs bought shares worth Rs 9,545 crore but sold shares totalling Rs 12,455 crore.

For the year so far, FIIs have been net sellers of shares worth Rs 2.23 lakh crore, while DIIs have net bought shares worth Rs 5.51 lakh crore.

Market view

At close, the Sensex was down 466.26 points or 0.56 percent at 82,159.97, and the Nifty was down 124.70 points or 0.49 percent at 25,202.35. BSE Midcap and small-cap indices shed 0.7% each.

On the sectoral front, IT index was down 2.7 percent, pharma down 1.2 percent, while power index was up 1.6 percent, oil & gas index up 0.4 percent and metal index rose 0.4 percent.

Biggest Nifty losers were Tech Mahindra, TCS, Infosys, Wipro, Cipla, while gainers were Adani Enterprises, Bajaj Auto, Eternal, Adani Ports, Bajaj Finance.

On today's market, Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services noted that Pharma came under pressure, down 1.4%, while IT was the biggest drag, tumbling 3% after the U.S. sharply raised the one-time H-1B visa fee to $100,000. "This rattled sentiment in a sector that had only recently shown signs of recovery. IT services are seeing slower growth for now as companies spend more on AI hardware, but demand is expected to pick up once technology stabilizes and adoption becomes wider," he said. Khemka added that looking ahead, focus will be on Commerce Minister Piyush Goyal’s visit to the U.S. on September 22 for trade deal negotiations—the first since the Trump administration imposed 50% tariffs. After the recent run-up, equities are likely to consolidate, tracking developments on this front.