Foreign institutional investors reversed course on Monday, selling Indian equities worth ₹3,062.27 crore after returning as net buyers in the previous session, according to provisional exchange data. This marked a shift from Friday when FIIs had invested ₹2,603.72 crore in Indian equities, making Friday's purchase the largest single-day FII inflow of the week. Despite Monday's selling pressure, foreign investors ended the previous week as net buyers of ₹4,669.88 crore, recording net inflows in four of the five trading sessions.
Domestic institutional investors continued to provide market support on Monday, purchasing equities worth ₹2,171.70 crore while selling shares worth ₹15,221.76 crore, resulting in a net inflow of ₹2,171.70 crore, according to exchange data reported by CNBC TV18. Despite Monday's mixed flows, DIIs ended the previous week as net buyers of ₹8,275.62 crore after registering net purchases in four of the five trading sessions. The continued domestic institutional support helped domestic benchmarks erase early losses to finish nearly flat.
Despite renewed foreign selling pressure, domestic benchmarks erased early losses to finish the session almost unchanged. The BSE Sensex recovered to close 47 points higher at 77,616, while the NSE Nifty added 4 points to settle at 24,211, holding above the crucial 24,200 mark, as reported by CNBC TV18. Information technology stocks led the recovery, with TCS, HCLTech, Infosys, Tech Mahindra and Wipro emerging among the top gainers on the Nifty and helping lift sentiment through the session.
The Nifty Midcap index ended marginally higher, rising 4 points to 63,041, while auto stocks delivered mixed performance with Bajaj Auto and Mahindra & Mahindra advancing, while Maruti Suzuki ended lower, according to CNBC TV18 reports. Market breadth remained balanced with the advance-decline ratio closing at 1:1, reflecting an evenly split session despite continued pressure on select stocks. The midcap index's performance helped offset some of the selling pressure in other segments of the market.
According to CNBC TV18 data, the latest provisional data marks a reversal from Friday when FIIs had returned as net buyers after a one-session break, while domestic institutions continued their supportive role throughout the week. The contrasting flows highlight the divergent sentiment between foreign and domestic investors, with domestic institutions maintaining their view of the market as attractive despite foreign investor caution amid evolving global developments.
