FIIs remain sellers, offload ₹1,688 crore even as Dalal Street rallies

FIIs remain sellers, offload ₹1,688 crore even as Dalal Street rallies


Foreign institutional investors (FIIs) remained net sellers in Indian equities on Monday, offloading shares worth a provisional ₹1,688.23 crore, while domestic institutional investors (DIIs) extended their buying streak with net purchases of ₹2,329.14 crore.

According to provisional exchange data, FIIs bought equities worth ₹11,695.95 crore during the session and sold shares worth ₹13,384.18 crore, resulting in a net outflow of ₹1,688.23 crore.

DIIs, meanwhile, purchased equities worth ₹15,937.10 crore and sold shares worth ₹13,607.96 crore, leading to a net inflow of ₹2,329.14 crore.

Despite the continued foreign selling, Indian equity benchmarks began the week on a strong note. The BSE Sensex surged 776 points to close at 76,836, while the Nifty 50 gained 229 points to settle at 23,996, just shy of the 24,000 mark. Market breadth remained firmly positive, with advancing stocks outnumbering decliners by roughly two to one.

The Nifty Bank index rose 394 points to 57,087, while the Nifty Midcap index outperformed, climbing 681 points to end at 62,304.

Financial stocks, particularly non-banking financial companies (NBFCs), led the rally as easing crude oil prices and a stronger rupee boosted investor sentiment. Auto stocks also witnessed broad-based buying after crude prices declined nearly 10% from Friday’s levels.

Crude-linked sectors emerged among the day’s biggest movers. Oil marketing companies and airline stocks advanced, while upstream oil producers came under pressure.

Among individual stocks, KFin Technologies jumped more than 10% after issuing upbeat FY27 commentary, while Container Corporation of India (CONCOR) gained 7% after doubling its FY27 volume guidance.

Separately, the Indian rupee strengthened sharply on Monday to close at 95.91 against the US dollar, compared with 96.56 at Friday’s close.

Last week, FIIs ended as net sellers in four of the five trading sessions, while DIIs largely cushioned the market by remaining net buyers on three trading days.

Also Read: Tata Sons Chairman N Chandrasekaran’s FY26 pay rises to ₹158.6 crore, highest in five years



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