- Foreign portfolio investors sold Indian equities for the tenth straight day on Thursday
- FPIs sold shares worth Rs 7,049.87 crore while domestic investors bought Rs 7,449.77 crore
- FPIs have sold over Rs 24,000 crore this week amid Middle East tensions over Iran war
Foreign portfolio investors stayed net sellers of Indian equities for the tenth consecutive day on Thursday as Nifty and Sensex logged another session in the red at close. The FPIs sold shares worth Rs 7,049.87 crore.
However, domestic institutional investors stayed net buyers for the 12th day as they bought shares worth Rs 7,449.77 crore, as per NSE's provisional data.
In total so far this week FIIs have sold shares over Rs 24,000 crore worth of Indian equities while the DIIs have bought equity worth Rs 28,000 crore.
Last week, FPIs offloaded total stake worth Rs 21,832 crore, while the DIIs bought stake worth Rs 32,787 crore. The spike in FPI selling comes as the Middle East remains on the boil, because of the Iran war.
The overseas investors have sold stake worth Rs 45,329 crore so far in March. However, in February they mopped up shares worth Rs 22,615 crore. In January, FPIs sold shares worth Rs 35,962 crore.
They have offloaded equities worth Rs 58,676 crore so far in 2026.
In the three-month period ended Dec. 31, 2025, DIIs held about 24.8% of holdings in Nifty 50 stocks, whereas the FPI ownership declined to 24.3%.
ALSO READ: Trade Setup For March 13: Nifty Finds Support At 23,550-23,500 As Market Crashes For Second Day
Market Recap
India's benchmark equity indices closed lower for a second consecutive session on Thursday, tracking bearish sentiments across the world.
The Nifty 50 ended 227 points or 0.95% lower at 23,639.15. The BSE Sensex shed 1.08% to close at 76,034.42 on weekly expiry day. Intraday, both benchmarks dropped 1.3%. Auto and FMCG were the top sectoral losers on the NSE.
ICICI Bank and Larsen & Toubro were the top drags on the Nifty in terms of points contribution. Mahindra & Mahindra and Eicher Motors were the top losers.
The broader market outperformed the blue-chip indices, with the Nifty Midcap 150 and Nifty Smallcap 250 falling 0.2% and 0.4%, respectively.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.