Foreign institutional investors (FIIs) turned net sellers in Indian equities on Monday, selling ₹2,535.10 crore on a provisional basis, reversing from net buying of ₹508.12 crore on Friday.
The latest data showed FIIs bought equities worth ₹11,546.16 crore and sold shares worth ₹14,081.26 crore on Monday, resulting in net selling of ₹2,535.10 crore.
Domestic institutional investors (DIIs), meanwhile, significantly stepped up their buying activity. DIIs were net buyers of ₹5,101.46 crore on Monday, compared with net buying of ₹356.40 crore on Friday.
DIIs bought equities worth ₹16,654.08 crore and sold shares worth ₹11,552.62 crore during Monday’s session, taking their net buying to ₹5,101.46 crore.
The combined net institutional flow stood at ₹2,566.36 crore of buying on Monday, with DII purchases more than offsetting FII selling.
On Friday, the combined net institutional flow was ₹864.52 crore of buying.
Separately, Indian equity markets ended mixed on Monday, with the benchmark Sensex and Nifty closing 0.3% lower after CAS adjustments, while broader markets outperformed. The Sensex slipped 281 points to 77,728, while the Nifty fell 78 points to 24,288.
Nifty Bank closed 7 points higher at 57,498, while the Midcap index gained 35 points to 63,817.
Financial stocks recovered from the day’s lows, helping Nifty Bank close in the green. Market breadth, however, favoured declines despite the Midcap index closing higher.
IT stocks remained a drag on the Nifty, with three of the top five Nifty losers coming from the sector. Metal stocks saw buying interest tracking global prices, with Hindalco and Tata Steel among the top gainers. Reliance Industries recovered from its intraday lows to end nearly 1% higher, lifting the Nifty by around 20 points.
Among individual stocks, Voltas slipped 4% after its Q1 results, with margin recovery seen from Q3. BSE was among the top midcap losers after Jefferies downgraded the stock.
Inox Wind gained 6% after CERC allowed renewable energy companies to retain grid connectivity despite missing deadlines. Realty stocks surged in the second half of the session, with Oberoi Realty and Godrej Properties among the top gainers. Select capital market stocks also moved higher, led by Motilal Oswal and Nuvama.
Zee Entertainment rose nearly 3% amid reports that SEBI is unlikely to move the Supreme Court against the SAT order. Turtlemint reversed its opening losses to close with a gain of more than 10%.
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