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Wednesday, 4 September 2024

DIIs and FIIs Active in the Market: Net Purchases of ₹97 Crore and ₹975 Crore Respectively

On September 4, 2024, Domestic Institutional Investors (DIIs) net bought shares worth ₹97.35 crore, while Foreign Institutional Investors (FIIs) were net buyers of ₹975.46 crore, according to provisional data from the NSE. DIIs purchased ₹13,584 crore worth of shares and sold ₹13,487 crore, whereas FIIs acquired ₹16,585 crore in shares and sold equities valued at ₹15,610 crore during the session.

Year-to-date, FIIs have net sold shares worth ₹1.36 lakh crore, while DIIs have net bought shares totaling ₹3.11 lakh crore.

In market performance, the Sensex closed down by 202.80 points or 0.25% at 82,352.64, and the Nifty fell by 81.15 points or 0.32% to 25,198.70. Top gainers on the Nifty included Asian Paints, Grasim Industries, HUL, Apollo Hospitals, and Sun Pharma, while the biggest losers were Wipro, Coal India, ONGC, Hindalco Industries, and M&M.

Sector-wise, FMCG, realty, and pharma stocks saw gains, while auto, banking, energy, IT, and metals sectors faced declines. Siddharth Khemka of Motilal Oswal Financial Services noted that despite global concerns causing a dip, domestic equities showed resilience with a gradual recovery.

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