During the session, DIIs bought ₹8,570 crore in stocks but sold ₹10,444 crore, while FPIs purchased ₹13,499 crore and sold ₹7,908 crore.
Year-to-date, FPIs have withdrawn a net ₹1.2 lakh crore from Indian markets, in contrast to DIIs’ substantial infusion of ₹3.4 lakh crore. In June so far, FPIs have invested ₹9,489 crore, with DIIs providing strong support through net inflows of ₹
54,912 crore.
Despite the strong FPI buying, the Nifty 50 index slipped below the key 25,000 mark, closing at 24,972, down 141 points. The index opened at 24,940, dipped to an intraday low of 24,825, and later recovered to touch 25,057, reflecting cautious investor sentiment amid mixed flows.
Most sectors ended lower, with IT, auto, and FMCG among the top losers. In contrast, the broader indices managed to inch higher amid choppy trade, gaining between 0.3% and 0.7%.
“This has been a recurring trend for the past five weeks, where the Nifty shows a decisive move on the last trading day of the week but fails to sustain it as the new week begins, remaining stuck within the broader range of 24,400–25,200. Looking ahead, in the absence of any major domestic triggers, global market performance and crude oil price movement will be key in setting the tone. Participants are advised to avoid aggressive bets and instead focus on selective stock picking based on relative strength during this consolidation phase,” Ajit Mishra – SVP, Research, Religare Broking Ltd said.
In contrast, the broader market showed relative strength for a second consecutive session. The Nifty Midcap 100 index rose 211 points to 58,207, supported by strong performances in select defence, real estate, and industrial stocks.
