FIIs buy ₹ 790.40 crore worth equities on 18 July; DIIs dump ₹ 1,317 crore

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₹2,115.84 crore in the purchase of shares, while domestic institutional investors (DIIs) sold shares for a net total of ₹1,317.56 crore. FIIs purchased shares worth a net of 16,771.47 crore rupees for the month up to July 18, while DIIs sold shares worth a net of 9,382.72 crore rupees. Domestic benchmarks rose for the fourth trading session on Tuesday, finishing with respectable gains.

After touching the day's low of 19,690.20 in early afternoon trade, the Nifty ended close to the 19,750 level. The market took comfort in the declining value of the dollar and the increased flow of FII capital into emerging economies, which provided a positive environment. Positive attitude was further buoyed by HDFC Bank's encouraging Q1 performance.

Stocks of IT, oil & gas, and private banks were in high demand. The S&P BSE Sensex, considered to be a barometer indicator, increased 205.21 points, or 0.31%, to 66,795.14. To 19,749.25, the Nifty 50 index increased 37.80 points, or 0.19%.

Both indices reached new highs throughout the settlement. The Sensex increased by 2.14% over four straight sessions, while the Nifty increased by 1.88%. On 18th July trade, the Nifty and the Sensex both reached record highs of 19,819.45 and 67,007.02, respectively.

The indices today were boosted by Infosys (up 3.67%), Reliance Industries (up 0.93%), and ICICI Bank (up 0.66%). The frontline indices outperformed the market as a whole. The S&P BSE Small-Cap index fell 0.47% while the S&P BSE Mid-Cap index lost 0.18%.