FPIs Turn Net Sellers Post Four-Day Buying Streak As Nifty Sees Dip
The DIIs that have stayed net buyers for over a month bought stake worth Rs 2,333 crore on Monday.
The foreign portfolio investors on Monday turned net sellers of Indian shares, after being buyers for four sessions. The FPIs sold stocks worth approximately Rs 240 crore, according to provisional data from the National Stock Exchange. The DIIs that have stayed net buyers for over a month bought stake worth Rs 2,333 crore.
In the last week, FPIs bought stake worth Rs 2,975.33 crore.
The FPIs bought stake worth Rs 459 crore on Friday, according to the National Securities Depository Ltd. So far in October FPIs have sold stakes worth Rs 4,278 crore, according to NSDL.
The FPIs have sold shares worth Rs 23,885 crore in September, Rs 34,993 crore in August and Rs 17,741 crore in July. On the other hand, FPIs bought stake worth Rs 14,590 crore in June. In 2025 so far, the FPIs have net sold equities worth Rs 1.59 lakh crore.
FPIs sold shares worth $690 million in the healthcare sector in September, marking the highest monthly outflow since June 2019, when they offloaded shares worth $724 million, according to data from NSDL.
The healthcare sector was followed by information technology, where FPIs sold $682 million. Other sectors seeing FPI outflows included fast-moving consumer goods, consumer durables and consumer services, with selloff totaling $474 million, $409 million and $381 million, respectively.
The benchmark indices slightly underperformed in comparison to the broader market indices. The Nifty 50 index closed near 25,200 and all sectoral indices gained in trade. Nifty 50 ended 0.23% down at 25,227.35 and Sensex closed 0.21% lower at 82,327.05 on Monday. The Nifty at its day's highs traded 0.07% in the red at 25,267.30, while the Sensex was down 0.08% to 82,438.50.
Tata Motors and Infosys emerged as the top losers in Nifty, while Adani Ports emerged as the top nifty gainer after brokerage Investec initiated a 'buy' call.
