FIIs stay as net buyers for 6 days in row, invests ₹1,603 crore in Indian stocks today; DIIs sell ₹439 crore

livemint.com:

₹8,742.32 crore of Indian equities, while they sold ₹7,139.17 crore --- resulting in an inflow of ₹1,603.15 crore. Meanwhile, DIIs selling was more than buying. They infused ₹7,983.81 crore but offloaded ₹8,422.82 crore, registering an overall outflow of ₹439.01 crore.

FIIs are net buyers of domestic equities for six consecutive days now, while DIIs are net sellers for three days in a row. During Wednesday's trade, Sensex ended at 65,446.04, down by 33.01 points or 0.05%. While Nifty 50 ended at 19,398.50, up by 9.50 points or 0.05%.

Sharp gains were seen in auto, healthcare, oil & gas, consumer durables, and capital goods stocks. Midcap and Smallcap outperformed benchmarks Sensex and Nifty 50. Talking about the current market performance, Ajit Mishra, SVP - Technical Research, Religare Broking said, "Markets remained range bound and ended almost unchanged, in continuation to Tuesday’s move.

After the flat start, the Nifty oscillated in a narrow band and finally settled around the day’s high at 19398.50 levels. Meanwhile, a mixed trend across sectors kept the participants busy wherein FMCG and auto majors were in the limelight. Besides, a modest up move in the midcap and smallcap space added to the trading opportunities." On the previous day, FIIs pumped in ₹2,134.33 crore in Indian stocks, while DIIs pulled out ₹785.48 crore.