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HomeMarket NewsFIIs extend selling streak to fourth session, offloading ₹2,539.42 cr in equities on Monday
So far in June, FIIs have recorded a net outflow of ₹4,812.39 crore, while DIIs have provided consistent support with net purchases of ₹44,150.72 crore, driven by strong inflows across mutual funds and insurance segments.
Foreign Institutional Investors (FIIs) remained net sellers in Indian equities for the fourth consecutive session on Monday, offloading ₹2,539.42 crore on a provisional basis, continuing a trend of persistent outflows this month.
Domestic Institutional Investors (DIIs), meanwhile, continued to offset the selling pressure, posting a robust net buy of ₹5,780.96 crore in the session.
So far in June, FIIs have recorded a net outflow of ₹4,812.39 crore, while DIIs have provided consistent support with net purchases of ₹44,150.72 crore, driven by strong inflows across mutual funds and insurance segments.
FIIs have sold equities in each of the last four sessions, including ₹1,263.52 crore on June 13, ₹3,831.42 crore on June 12, and ₹446.31 crore on June 11, indicating a cautious stance amid global uncertainty and profit booking near record market highs.
DIIs, in contrast, have remained aggressive buyers across this period, led by flows into active funds and pension-related mandates.
As for markets, the headline equity indices opened the week on a firm footing, with the benchmark indices posting strong gains today, recovering losses from the previous session. The rally was broad-based, led by financials, energy, and midcap stocks, as investor sentiment improved amid supportive global cues and selective buying in key sectors.
The BSE Sensex rose 678 points, or 0.84%, to close at 81,796, while the NSE Nifty 50 gained 228 points, or 0.92%, to settle at 24,947, regaining the psychological 24,900 mark.
