FIIs still active net buyers for 7 days in row, pump in ₹ 2,641 crore & DIIs offload ₹ 2,351 crore securities

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₹2,641 crore, while Domestic Institutional Investors (DIIs) sold shares worth a net amount of ₹2,351 crore. Moving into July till date, FIIs continued to show interest in the Indian market by buying shares worth a net amount of ₹8,374.55 crore, while DIIs sold equities worth a net amount of ₹3,913.95 crore. The benchmark indices Sensex and Nifty both reached a new all time high.

The S&P BSE Sensex, considered a barometer index, advanced by 339.60 points or 0.52% to reach 65,785.64. Similarly, the Nifty 50 index gained 98.80 points or 0.51% to close at 19,497.30. On Thursday, the domestic equity benchmarks experienced gains, primarily driven by inflows from foreign funds.

However, trading was volatile due to the expiry of weekly index options on the National Stock Exchange (NSE), with the Nifty index closing near the 19,500 mark. The mid- and small-cap sectors outperformed the benchmark indices, with real estate, oil & gas, power, and consumer durable stocks leading the way. Global markets displayed a weak trend influenced by the hawkish minutes of the Federal Open Market Committee (FOMC) and ongoing tensions between the United States and China.

Market participants are now turning their attention to upcoming data releases, such as the ADP nonfarm employment and initial jobless claims data, which will provide further insights into the Federal Reserve's strategy. The top gaining stocks such as M&M (up 4.97%), Tata Motors (up 2.12%), and Reliance Industries (up 2.07%) contributed to the positive performance of the indices. Towards the end of the trading day, the Nifty 50 and the Sensex reached all-time highs at 19,512.20 and 65,832.98, respectively.