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Foreign institutional investors (FIIs) continued their buying streak in Indian equities for the fourth consecutive session on Monday, October 20, reflecting renewed optimism around corporate earnings and sustained macroeconomic stability.
According to provisional exchange data, FIIs purchased shares worth ₹11,786.33 crore and sold shares worth ₹10,995.88 crore, resulting in a net inflow of ₹790.45 crore. Domestic institutional investors (DIIs) also remained strong net buyers, with purchases of ₹15,690.37 crore against sales of ₹13,204.91 crore, leading to a net inflow of ₹2,485.46 crore.
So far in October, FIIs have recorded cumulative net inflows of ₹203.69 crore, reversing part of the selling pressure witnessed in September. DIIs, meanwhile, have continued to provide robust support to the market, with net purchases of ₹30,529.91 crore month-to-date.
Market analysts attribute the steady foreign inflows to improved investor sentiment following upbeat Q2 earnings from major companies and stable domestic macro indicators. The moderation in US bond yields and expectations of policy continuity post the upcoming Federal Reserve meeting have also strengthened risk appetite across emerging markets, including India.
On the domestic front, strong DII participation has helped offset intermittent foreign selling, keeping Indian indices near record highs. The Nifty 50 hit a one-year peak of 25,900 intraday on Monday, while the Sensex touched 84,650, led by gains in Reliance Industries, PSU banks, and select midcaps.
Sustained institutional inflows, particularly from DIIs, underscore confidence in India’s structural growth story despite global headwinds.
With FIIs turning net buyers for four straight sessions and DIIs maintaining steady inflows, market sentiment remains firmly in favour of bulls.
Also Read: Sensex, Nifty hit one-year highs lifted by energy, banking stocks
According to provisional exchange data, FIIs purchased shares worth ₹11,786.33 crore and sold shares worth ₹10,995.88 crore, resulting in a net inflow of ₹790.45 crore. Domestic institutional investors (DIIs) also remained strong net buyers, with purchases of ₹15,690.37 crore against sales of ₹13,204.91 crore, leading to a net inflow of ₹2,485.46 crore.
So far in October, FIIs have recorded cumulative net inflows of ₹203.69 crore, reversing part of the selling pressure witnessed in September. DIIs, meanwhile, have continued to provide robust support to the market, with net purchases of ₹30,529.91 crore month-to-date.
Market analysts attribute the steady foreign inflows to improved investor sentiment following upbeat Q2 earnings from major companies and stable domestic macro indicators. The moderation in US bond yields and expectations of policy continuity post the upcoming Federal Reserve meeting have also strengthened risk appetite across emerging markets, including India.
On the domestic front, strong DII participation has helped offset intermittent foreign selling, keeping Indian indices near record highs. The Nifty 50 hit a one-year peak of 25,900 intraday on Monday, while the Sensex touched 84,650, led by gains in Reliance Industries, PSU banks, and select midcaps.
Sustained institutional inflows, particularly from DIIs, underscore confidence in India’s structural growth story despite global headwinds.
With FIIs turning net buyers for four straight sessions and DIIs maintaining steady inflows, market sentiment remains firmly in favour of bulls.
Also Read: Sensex, Nifty hit one-year highs lifted by energy, banking stocks
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