FIIs and DIIs turn net buyers, but broader markets extend losses

Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) were net buyers of Indian equities on Wednesday, according to provisional data. FIIs bought shares worth ₹1,022.32 crore, while DIIs recorded net purchases of ₹1,614.32 crore.

FIIs bought shares worth ₹17,003.90 crore and sold ₹15,981.58 crore during the session. DIIs purchased shares worth ₹14,931.57 crore and sold ₹13,317.25 crore.

On Monday, FIIs were net sellers of Indian equities worth ₹1,148.64 crore. They bought shares worth ₹11,240.64 crore and sold ₹12,389.28 crore during the session.

DIIs, meanwhile, were net buyers of ₹3,201.19 crore, purchasing shares worth ₹14,781.31 crore and selling ₹11,580.12 crore.

Market ends lower for second session as broader indices underperform

Indian equity benchmarks ended lower for a second consecutive session on Wednesday, although they recovered from their intraday lows. The Sensex fell 143 points to 73,710, while the Nifty declined 78 points to close at 22,811.

The Nifty Bank index fell 511 points to 54,977, while the Nifty Midcap index dropped 922 points to 57,566, underperforming the benchmark indices. Market breadth remained weak, with declining shares outnumbering advancing stocks by around six to one.

IT stocks offered some support, with the Nifty IT index emerging as the only sectoral index to close in positive territory. Infosys, HCL Technologies, Tech Mahindra and TCS gained around 2–3% each, accounting for four of the Nifty's five biggest gainers.

Bajaj Finance was the biggest Nifty loser, falling more than 3% amid concerns over its margin outlook. Eternal also ended lower but recovered from its intraday lows following its second-quarter results and management commentary.

Auto stocks largely fell 2–3% as investors reacted to October vehicle registration data. ABB India dropped 6% following results from its parent, ABB Group, while SRF declined 5% after reporting weaker-than-expected performance across most segments. Vishal Mega Mart fell nearly 5% after reporting lower same-store sales growth.

Gold financing stocks also came under pressure, with Manappuram Finance falling 6% to lead losses in the segment.

Also Read: FIIs sell ₹1,149 crore worth of Indian stocks as Sensex falls 876 points; DIIs buy ₹3,201 crore