Foreign institutional investors (FIIs) turned net sellers of Indian equities on Thursday, offloading shares worth ₹943.60 crore, according to provisional exchange data. Domestic institutional investors (DIIs), meanwhile, remained net buyers, purchasing equities worth ₹1,924.41 crore.
FIIs bought shares worth ₹13,400.29 crore and sold ₹14,343.89 crore during the session. DIIs purchased equities worth ₹18,458.64 crore and sold ₹16,534.23 crore.
On Wednesday, FIIs were net buyers of Indian equities worth ₹871.83 crore, purchasing shares worth ₹24,517.65 crore and selling ₹23,645.82 crore. DIIs also remained net buyers, recording net purchases of ₹643.35 crore, with buying at ₹15,702.74 crore and selling at ₹15,059.39 crore.
The fund flows came as domestic equity benchmarks rallied on Thursday, ending the session at their day’s highs.
Sensex rises 905 points, Nifty gains 238
The Sensex advanced 905 points to close at 74,151, while the Nifty gained 238 points to settle at 22,937. The Nifty Bank index rose 642 points to 54,910, and the midcap index advanced 567 points to 57,842.
Among sectoral indices, FMCG, PSU banks and real estate led the gains.
Among individual stocks, Equitas Small Finance Bank fell 12% after its managing director and CEO resigned, citing concerns over a conflict of interest.
Birlasoft posted its biggest single-day gain in more than five years, rising 12% following its second-quarter results. V-Guard jumped nearly 8% on strong Q2 results, while Laurus Labs gained more than 3% after reporting results that exceeded estimates.
Ambuja Cements and Asian Paints ended nearly 1% higher, tracking their Q2 results. Real estate stocks recovered in the final hour of trade, with DLF rising more than 4%.
On the losing side, Hero MotoCorp fell more than 4% following commentary during its earnings call. Hexaware Technologies declined 6% after narrowing its EBITDA margin guidance, while RR Kabel fell nearly 4% after cutting its volume growth guidance.
Jio Platforms recovered from intraday levels to end with modest gains after its market capitalisation crossed ₹13.5 lakh crore during the session.
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