This investment helped the Indian equities cross the psychologically-important 25,000-mark on Monday.
FIIs purchased equities worth ₹135 crore, while DIIs led the rally with a net buy of ₹1,745 crore. During the session, DIIs bought shares worth ₹10,545 crore and sold ₹8,799 crore, whereas FIIs bought shares worth ₹9,081 crore and sold ₹8,945 crore.
Year-to-date, FIIs have been net sellers to the tune of ₹1,20,858 crore, in contrast to DIIs, who have accumulated net purchases totaling ₹2,43,868 crore.
The Nifty50 index gained 148 points, or 0.6%, reaching the key 25,000 level for the second consecutive session. The broader market also saw gains with the Nifty Midcap100 and Smallcap100 rising 0.7% and 0.4%, respectively.
On the sectoral front, the Auto and IT indices led gains, rising over 1% each, while the Nifty India Defence index extended its rally for a third straight day amid expectations of strong order books for defence manufacturers.
Market strategist Siddhartha Khemka, Head of Research at MOSL, said, “Market sentiments were buoyed by positive global cues after US President Trump deferred the proposed 50% tariffs on the European Union till July’25. Additionally, investor optimism was boosted by NITI Aayog’s update on India surpassing Japan to become the fourth-largest economy globally.”
Khemka added that sectors such as Fertilizer, Agrochemicals, FMCG, Auto, and rural finance would remain in focus due to an early monsoon onset and forecasts of above-average rainfall, supporting a gradual upward trend in Indian equities.
