Sensex and Nifty Trends Ahead of Budget Presentation
Market Overview
Today, the Sensex recorded a decrease of 40 points, bringing the index down to 24,530. This decline comes as investors await significant developments in the upcoming budget presentation.
Investor Behavior
On July 19, the trading activity revealed that Domestic Institutional Investors (DIIs) net sold ₹462 crore, while Foreign Institutional Investors (FIIs) net bought ₹1,506 crore worth of shares. Here’s a detailed look at their activity:
- DIIs bought ₹15,051 crore and sold ₹15,513 crore.
- FIIs purchased ₹15,893 crore but offloaded ₹14,387 crore.
Conclusion
The contrasting behaviors of domestic and foreign investors highlight the uncertainty in the market as the budget presentation approaches. While DIIs show skepticism, FIIs continue to find potential in the current landscape.
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.