FIIs sell Indian shares worth ₹10,843.68 crore, DIIs buy worth ₹8,621.77 crore
Indian stock markets rose marginally on Monday as weak global cues weighed on the investors’ sentiments. Gains in financials, consumer durables, realty and banking shares were offset by losses in IT, oil & gas and pharma shares. Foreign institutional investors (FIIs) on Monday sold shares of Indian companies worth Rs 10,843.68 crore and bought stocks for ₹8,510.65 crore, resulting in an outflow of ₹2,333.03 crore, according to NSE data.
On Friday, FIIs had offloaded equities worth ₹1,326.74 crore. Domestic institutional investors (DIIs) bought equities worth ₹8,621.77 crore and offloaded shares worth ₹7,042.49 crore, resulting in an inflow of ₹1,579.28 crore, the exchange data showed. After rising 461.6 points during the session, the 30-share BSE Sensex pared most of its gains to end up 14.54 points, or 0.02%, at 66,023.69.
During the day, it hit a high of 66,225.63 and a low of 65,764.03. Among the sectoral indices, realty jumped 1.56%, financial services climbed 0.46%, consumer durables up 0.43%, bankex up 0.29 and commodities rose 0.23%. The broader NSE Nifty settled marginally up 0.30 points at 19,674.55.
Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Among the BSE Sensex firms, Bajaj Finance surged the most by 4.64%. Bajaj Finserv, Kotak Mahindra Bank, Asian Paints, UltraTech Cement, ICICI Bank, NTPC, JSW Steel and Tata Steel were among the major gainers. Among the top losers were -- Infosys, Mahindra & Mahindra, Wipro, Tata Consultancy Services, IndusInd Bank and HCL Technologies.
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