FIIs sell lower on easing US bond yields; DIIs counterbalance sell-off as Nifty sits 2.5% away from all-time high
₹1,032 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹12,526.94 crore of Indian equities, while they sold ₹12,948.71 crore --- resulting in an outflow of ₹421.77 crore on Wednesday.
Meanwhile, DIIs infused ₹8,369.48 crore and offloaded ₹7,337.46 crore, registering an inflow of ₹1,032.02 crore. ‘’The fact that Nifty is just 2.5 per cent away from the all-time high indicates the strength and resilience of the market.
Even though FIIs are sustained sellers in the market, buying by DIIs, HNIs and retail are counterbalancing the selling and supporting the market. Safety is in large-caps,'' said Dr.
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.com
