FIIs return to buying Indian stocks with ₹1,166 crore net inflows; DIIs sell ₹3,661 crore
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Foreign institutional investors bought Indian stocks worth ₹1,166 crore on October 16, snapping a day of heavy selling.
- ✓Meanwhile, domestic institutional investors sold ₹3,661 crore worth of shares.
- ✓Despite this, benchmark indices ended higher as IT stocks rallied.
Story at a Glance
- Category
- MARKET
- Reported By
- CNBC TV18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Foreign investors returned to buying Indian equities on Friday, snapping a day of heavy selling, while domestic institutional investors turned net sellers even as benchmark indices ended higher.
Foreign institutional investors (FIIs) bought Indian equities worth ₹1,165.92 crore on a net basis on October 16, according to provisional exchange data. They purchased shares worth ₹19,951.59 crore and sold ₹18,785.67 crore during the session.
Domestic institutional investors (DIIs), meanwhile, sold equities worth ₹3,661.28 crore on a net basis. Their purchases stood at ₹17,201.80 crore, against sales of ₹20,863.08 crore.
The reversal in foreign investor flows came a day after FIIs sold Indian equities worth ₹5,285.37 crore on Thursday. DIIs had bought shares worth a net ₹3,319.39 crore during the previous session.
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CNBC TV18
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