₹82.96 crore on Monday. On the other hand, for the second straight day, domestic institutional investors (DIIs) bought shares for ₹934.87 crore. On Monday's trade, for the second straight session, the domestic equity benchmark indices Nifty and Sensex ended in the negative with industry heavyweights ITC, Reliance Industries (RIL), and Kotak Mahindra Bank being the main drags.
The Nifty ended the day at 19,672.35, down 73 points, or 0.37%, while the Sensex concluded the session with a loss of 299 points, or 0.45%, at 66,384.78. Market Wrap: Sensex, Nifty fall for the second straight day; RIL, ITC among top drags; mid, smallcaps outperform As investors awaited the US Federal Reserve's monetary policy decision, which is expected to be revealed this week, the equity markets were also affected by foreign investment outflows and rising crude oil prices. RIL and Kotak Mahindra Bank's shares declined as their June quarter financial results failed to meet the expectations of Dalal Street, while ITC's shares dipped after the company revealed that its board had given in-principle approval for the demerger of its hotels sector.
BSE Midcap rose by 0.30 percent to 29,634.85 points, while BSE Smallcap index increased by just 25.37 points, or 0.07 percent, to 34,172.03 points. BSE FMCG saw the largest fall of all sectors indices, dropping by 1.74%, followed by metal (0.62%), energy (0.58%), and oil & gas (0.56%). As per NSE data, on July 24, FIIs' buy value was at ₹9,719.18 crore and sell value at ₹9,802.14 crore -- resulting in an outflow of ₹82.96 crore.
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