Market Recap: FIIs continue selling while DII buys

• FIIs continue selling while DIIs turn net buyers, impacting Indian equities and market sentiment.
• FIIs sold ₹3,007 crore in Indian equities, signaling concerns amid global uncertainty.
• DIIs invested ₹1,150 crore in Indian stocks, showing resilience in the domestic market.
• NSE data reveals FIIs sold ₹12,139.94 crore, resulting in significant outflows.
• In contrast, DIIs injected ₹7,860.39 crore into the market, providing stability.
• Sensex and Nifty extended losses for the third day, reflecting broader economic challenges.
• Weak global cues weighed on domestic market sentiment, further affecting investor confidence.
• This decline followed global equities, impacted by the unchanged US Federal Reserve interest rate.
• Nifty 50 closed 0.80% lower at 19,742.35, indicating volatility and uncertainty.
• Sensex ended down 0.85% at 66,230.24, reflecting broader market trends.
• Both indices down more than 2% this week, indicating a bearish sentiment.
• Market fell by 2.2% in the last three days, reflecting profit-taking at higher levels.
• Uncertain global cues and persistent selling by FIIs continue to pressure markets.
• Investors may prefer defensive sectors for stability during volatile times.
• Additionally, they watch the Bank of England’s interest rate decision for further market insights.

• Trading data from FIIs/FPIs and DIIs on BSE, NSE, and MSEI is collected.
• It’s based on today’s activity and trading codes used by Trading Members.
• Client categories are classified in unique client code details.
• BSE data uses ‘client type’ for compilation.
• This trade data is provisional and may change due to custodial confirmation and modifications.

Also Read: https://indian.market/2023/09/sensex-and-nifty-to-surge-following-us-fed-rate-decision/