Domestic institutional investors (DIIs) also remained net buyers, with purchases of ₹2,579.31 crore in equities on Tuesday. However, their buying was lower than the ₹5,101.46 crore recorded on Monday.
The latest fund flow data showed that FIIs bought equities worth ₹13,543.30 crore and sold ₹11,891.77 crore on Tuesday, resulting in net buying of ₹1,651.53 crore.
DIIs, meanwhile, bought equities worth ₹15,566.07 crore and sold ₹12,986.76 crore, taking their net buying to ₹2,579.31 crore.
On Monday, FIIs had reversed their buying trend, turning net sellers after buying ₹508.12 crore on Friday. DIIs, in contrast, had stepped up their buying activity, with net purchases of ₹5,101.46 crore compared with ₹356.40 crore on Friday.
Separately, Indian equity benchmarks remained weak on Tuesday, with the market closing at the day’s low. The Sensex slipped 493 points to 77,235, while the Nifty fell 133 points to 24,155, moving below the 24,200 mark.
The Nifty Bank declined 235 points to 57,262, while the Midcap index fell 278 points to 63,539. All four major indices ended the session more than 0.3% lower.
The market adjusted lower for the second straight day after the closing auction session. After the adjustment, the Nifty fell 11 points, the Sensex 90 points and the Nifty Bank 46 points.Only 10 Nifty stocks closed in the green, with Axis Bank and Max Health among the top gainers. IT stocks remained weak, with Infosys, Wipro and HCL falling around 2% each.
Realty stocks were among the top midcap losers, with Oberoi and Lodha among the top losers. Inox Wind reversed Monday’s gains and ended 4% lower.
Colgate slipped 3% as brokerages pointed to margin concerns following the investor meet. Tube Investments rose 8% after a positive outlook lifted the stock, while Bosch extended its gaining streak and is up 19% so far this month.
Also Read: Stock market fall explained: Sensex drops 493 points, Nifty below 24,200 — 6 key reasons
