FIIs net sold shares worth Rs 4,486 crore, DIIs net bought Rs 4,002-crore shares

At the close, the Sensex dropped 1.3 percent, shedding 1,018 points to settle at 76,293.60, while the Nifty declined 1.32 percent, losing 309.8 points to end at 23,071.80.

On February 11, FIIs were net sellers at Rs 4,486 crore, while domestic institutional investors (DIIs) were net buyers at Rs 4,002 crore.

During the trading session, DIIs bought Rs 13,788-crore shares and sold shares worth Rs 9,786 crore, while FIIs purchased shares worth Rs 11,496 crore and offloaded equities worth Rs 15,982 crore, according to provisional data from NSE.

For the year so far, FIIs have net sold Rs 1,04,414-crore shares, while DIIs have net bought Rs 99,380 crore worth of shares.

Market View

At the close, the Sensex dropped 1.3 percent, shedding 1,018 points to settle at 76,293.60, while the Nifty declined 1.32 percent, losing 309.8 points to end at 23,071.80.

Biggest losers on the Nifty were Apollo Hospitals, Eicher Motors, Shriram Finance, Coal India, Tata Steel, while gainers included Adani Enterprises, Trent, Bharti Airtel, Grasim Industries.

All the sectoral indices ended in the red.

On today's markets, Mahesh Patil, CIO, Aditya Birla Sun Life AMC, said, "As we navigate the current market volatility, investors should focus on a diversified strategy that balances risk and reward. The global backdrop remains uncertain, but India’s long-term fundamentals continue to be strong, with fiscal and monetary policies likely to ease in 2025." He added that despite near-term challenges, such as a slowdown in GDP growth and earnings moderation, the outlook is improving as key risks are priced in.

Additionally, market corrections, particularly in mid and small-cap stocks, present an opportunity for long-term investors to deploy capital gradually.

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