Thursday trade: FIIs sell ₹1,511 crore in Indian market on August 17, DIIs sell ₹314 crore; details here
₹1,510.86 crore. Domestic institutional investors (DIIs) after investing in the domestic market for straight-four sessions sold shares for ₹313.97 crore. As per NSE data, on August 17, FIIs' buy value was at ₹11,205.13 crore and sell value at 12,715.99 crore -- resulting in an outflow of ₹1,510.86 crore.
While DIIs buying value stood at ₹6,293.38 crore and selling value at ₹6,607.35 crore -- recording an outflow of ₹313.97 crore from Indian stocks in the day. In the previous session, FIIs bought ₹722.76 crore, while DIIs purchased ₹2,406.19 crore. Also Read: FIIs snap selling streak as markets settle marginally higher; DIIs invest ₹2,406 crore in Indian equities Domestic benchmark equity indices ended in red on Thursday, as global cues for markets continue to remain weak in response to US Fed minutes that suggested that one more rate hike may be necessary in this rising cycle to curb inflation.
On Thursday, the 30-share BSE Sensex ended at 65,151.02 down 388.40 points or down 0.59% while the Nifty also closed at 19,365.25 level, down 99.75 points or 0.51%. Consumer stocks fell 0.89%, led by a 2.05% decrease in ITC as analysts warned that the recent rise in its share prices may have limited rerating potential. IT firms, which derive a large portion of their revenue from the US, fell 0.49% on concerns about further monetary policy tightening in the US.
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