During the session, DIIs purchased shares worth Rs 40,257 crore and sold Rs 36,411 crore while FIIs bought Rs 17,421 crore but sold Rs 20,253 crore.
Motilal Oswal Mutual Fund bought 31.02 lakh shares of Bharat Forge at Rs 1,217.32 per share for Rs 377.7 crore, however, sold 7.37 lakh shares in DCX Systems at Rs 242.62 apiece for Rs 17.88 crore.
The monthly options data indicated that the Nifty could remain in the 24,500-25,000 range in the short term.
Sensex, Nifty declined on September 29 as the persistent selling by FIIs weighed on market sentiment.
After a sharp down move, there may be a possibility of a rebound in the upcoming session, but sustainability is the key to watch. If the Nifty 50 holds 24,600 (previous day’s low), an uptrend toward 24,800–25,000 can be possible, but a decisive fall below it can open the door for 24,400, experts said.
The market may see a bounce-back after the significant selling pressure of last week, but sustainability is the key to watch. Below are some short-term trading ideas to consider.
If the Nifty 50 breaks below 24,600, the next support levels to watch would be 24,400–24,300 in the upcoming sessions. On the upside, it may face resistance around the 24,750–24,900 zone, according to experts.
In the coming truncated week, the market may see some bounce back after sharp sell-off, but overall, the sentiment is expected to remain weak amid consolidation with focus on RBI monetary policy, US jobs data, and FII flow, along with further developments with respect to India-US trade deal talks and US shutdown.
The FIR adds that Gupta allegedly admitted to diverting funds worth Rs 1.18 crore to settle personal credit card bills and other private expenses.
US equities recorded $10.5 billion in foreign inflows this week, though momentum has slowed since the Trump administration’s April 2025 tariff announcement. Domestic US funds, however, saw $2.2 billion in redemptions.
For the month, FII sold equities worth Rs 30,141.68 crore, while DII bought equities worth Rs 55,736.09 crore.
During the week, the Indian rupee touched a fresh record low of 88.80.
Promoter group entities offloaded 6.22 percent stake in the luggage manufacturer for Rs 343.2 crore with Kiddy Plast selling 10.87 lakh shares at Rs 388 per share, and Piramal Vibhuti Investments 77.5 lakh shares at Rs 388.25 per share.
For the year so far, FIIs have been net sellers of shares worth Rs 2.34 lakh crore, while DIIs have net bought shares worth Rs 5.56 lakh crore.
The monthly options data indicated that the Nifty may trade in the 24,500-25,000 range in the short term.
Since September 19, the Sensex has fallen 2,587.50 points or 3.16 percent, while the Nifty has shed more than 3 percent over six sessions.
Sensex has declined 2.73 percent and the Nifty 2.52 percent over the past six sessions, setting up the market for its steepest weekly fall since early April.
Generative AI lowers entry barriers and boosts execution speed, but gaps in explainability, talent depth, and regulation could leave markets exposed
Currently, pension fund managers invest across four asset classes — equity, corporate bonds, government securities, and alternate assets.
If the Nifty 50 sustains below 24,900, a sell-on-rally strategy can be preferred. Below this level, the 24,800–24,700 zone is an immediate support area; however, on the higher side, the 25,000–25,100 range can act as a hurdle zone, experts said.
The bearish sentiment may sustain in the short term, given the weakening momentum. Below are some short-term trading ideas to consider.
As long as the Nifty 50 remains below this level, bears may continue to hold the upper hand and drag the index toward the 24,600–24,500 zone. However, in the event of a rebound, the 25,000–25,100 range is expected to act as an immediate hurdle, according to experts.
DIIs bought Rs 15,516 crore while having offloaded Rs 10,413 crore of equities. Meanwhile, FIIs bought Rs 15,080 crore and sold Rs 20,075 crore.
Polycab India shares fell 1.66 percent to Rs 7,407.5 on Thursday, extending losses for third consecutive session especially after hitting record high on Monday this week.
The Nifty 50 fell below the midline of the Bollinger Bands on both the daily and weekly charts, although it marginally managed to defend the 10-week EMA on a closing basis.