FPIs net sell shares worth Rs 3,366 crores, DIIs net buy Rs 3,186 on August 1

(Representational image)

Foreign Portfolio Investors (FPIs) were net sellers to the tune of 3,366 crore worth of shares in Indian equities, while domestic institutional investors (DIIs) net bought Rs 3186 crore worth of shares, according to provisional NSE data, on August 1.

DIIs purchased equities worth Rs 14,990 crore and offloaded shares amounting to Rs 11,803 crore. FPIs, on the other hand, bought stocks worth Rs 9,379 crore while selling Rs 12,745 crore.

For the year so far, FIIs have been net sellers of equities worth Rs 1.66 lakh crore and DIIs were net buyers worth Rs 4.11 lakh crore.

Market Performance

Indian equity markets ended the week on a muted note, mirroring the global risk-off sentiment triggered by renewed trade tensions. The Nifty 50 declined 0.8% over the week, extending its underperformance relative to global peers. Broader market weakness was more pronounced, with the Nifty Midcap and Smallcap indices slipping 1.2% and 1.7%, respectively.

The downturn came amid heightened global uncertainty after the U.S. imposed fresh tariffs on a range of countries, including 25% duties on Indian exports, while maintaining existing exemptions.

Additionally, President Donald Trump’s surprise announcement of 40% tariffs on transshipped goods ahead of the August 1 deadline added to investor jitters.

The Indian rupee depreciated 1.2% against the U.S. dollar over the week, reflecting currency market pressure.

On the sectoral front, FMCG emerged as the lone bright spot, gaining 3%, driven by defensive positioning and resilient earnings prints. In contrast, real estate (-5.5%), telecom (-4.2%), IT (-2.5%), pharma (-2.9%), and metals (-3.1%) dragged the indices lower on growth concerns and disappointing quarterly commentary.