FIIs Net Sell Rs 2,874 Crore, While DIIs Keep Up with Rs 3,868 Crore Net Buy
Market Overview
Domestic Institutional Investors (DII) net bought shares worth Rs 3,868 crore today. On the other hand, Foreign Institutional Investors (FIIs) net sold shares worth Rs 2,874 crore, provisional data from NSE showed on September 24.
- DIIs purchased Rs 15,940 crore worth of shares.
- DIIs sold shares worth Rs 12,071 crore.
- FIIs bought Rs 20,111 crore in shares.
- FIIs offloaded equities worth Rs 22,896 crore.
Year-to-Date Performance
In the year so far, FIIs have net sold shares worth Rs 1.2 lakh crore, while DIIs have bought 4 lakh crore shares.
Market Closing Summary
- The Sensex ended down 14.57 points or 0.02 percent at 84,914.04.
- The Nifty closed up 1.40 points or 0.01 percent at 25,940.40.
Top Gainers and Losers
- Biggest Nifty Gainers: Tata Steel, Hindalco Industries, Power Grid Corp, Tech Mahindra, and Adani Enterprises.
- Notable Losers: SBI Life Insurance, HUL, Grasim Industries, UltraTech Cement, and Shriram Finance.
Sector Performance Analysis
- The metal, oil & gas, and power sectors gained traction.
- PSU Bank, FMCG, and telecom sectors faced declines.
Expert Insights
According to Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, domestic equities continue to see growth, with the Sensex crossing 85,000 & Nifty surpassing 26,000. Investors should keep an eye on upcoming US Consumer Confidence data.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.