FIIs turn net buyers, DIIs book profits in reversal of flows on January 30

FPI/FIIs turn net buyers, DIIs book profits in reversal of flows on January 30

In a reversal of flows, Foreign investors (FIIs/FPIs) turned net buyers of Indian equities worth Rs 2251 crore while domestic institutional investors (DIIs) stood as net sellers. DIIs booked profits at Rs 601 crore, according to provisional exchange data.

DIIs purchased shares worth Rs 18,590 crore and sold shares worth Rs 19,191 crore. In contrast, FIIs bought shares worth Rs 30,493 crore but sold shares totaling Rs 28,242 crore.

For the year so far, FPI/FIIs have been net sellers of shares worth Rs 41,431 crore, while DIIs have net bought shares worth Rs 69,215 crore.

Market Performance

Indian equity benchmarks ended lower on Friday, with the Nifty declining 0.4%, weighed down by sharp losses in metal and IT stocks. Broader markets were mixed, with the Nifty Midcap 100 down 0.2%, while the Nifty Smallcap 100 edged up 0.3%. Sectoral performance remained divergent. Nifty FMCG gained 1.4% and Consumer Durables rose 1.1%, providing some support to the market. On the downside, Nifty Metal was the biggest loser, down 5.2%, marking its sharpest intraday decline in the past nine months as investors booked profits after gains over the previous three sessions. Nifty IT also declined 1%, tracking a sharp overnight sell-off in the Nasdaq.

Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services, "Gold prices fell over 4% amid speculation that the US Federal Reserve could see a more hawkish leadership, after US President Donald Trump said he would announce his pick to replace Fed Chair Jerome Powell. Investors traded cautiously ahead of the Union Budget 2026 scheduled for February 1, with markets set to remain open on Sunday. As per our expectations following the Economic Survey, the upcoming Budget is likely to be realistic yet ambitious in its outlook, with a clear focus on “Swadeshi,” which appears both inevitable and necessary in the current global landscape. Stock-specific action is expected around key results due tomorrow, including Sun Pharma, BDL, GAIL, Delhivery and IDFC First Bank."

"Key data points to watch next week include auto monthly sales numbers, January GST collections and trends in metal prices following the sharp correction seen today. Overall, markets are expected to remain focused towards budget related announcements, and global cues," he added.