₹112.55 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹8,517.96 crore of Indian equities, while they sold ₹8,254.28 crore --- resulting in an inflow of ₹263.68 crore on Tuesday. Meanwhile, DIIs infused ₹6,492.43 crore and offloaded ₹6,379.88 crore, registering an inflow of ₹112.55 crore.
On Monday, FIIs sold ₹593.66 crore in Indian equities, while DIIs invested ₹1,184.24 crore. "There are positive developments that can strengthen the rally in the market. Steadily declining trend in the dollar index and the US bond yields, declining crude and sharp dip in FII selling in the cash market are big positives for the market,'' said Dr.
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. FII refers to investors that are from other countries and that are investing in the Indian financial market and DII refers to the Indian institutional investors such as banks, insurance, mutual funds, new pension system etc, who are investing in India's financial markets. Also Read: FPIs offload ₹9,784 crore in Indian equities, extend selling streak into October; Will they miss a potential rally? Key equity indices the Sensex and the Nifty 50 ended with gains on Tuesday, snapping their three-day losing run, on widespread buying across various sectors amid positive global cues.
While the Israel-Hamas conflict endures and concerns about its potential spread to other nations persist, investors appear to have shifted their attention towards corporate earnings and macroeconomic indicators. Nifty 50 index closed the day at 19,811.50, up 80 points, or 0.40 per cent. The 30-share pack Sensex closed the day at 66,428.09, up 261 points, or 0.39 per cent.
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