Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) displayed contrasting behaviors in the Indian equity markets on Tuesday, August 29. The benchmark indices of the country experienced a second consecutive session of gains, largely driven by optimistic global cues.

FIIs and DIIs Actions

FIIs Find Balance: Net Buying After Selling Streak

FIIs, after a period of selling, made a partial shift in their stance. According to data from the National Stock Exchange (NSE), FIIs collectively purchased Indian equities worth ₹10,515.8 crore. Simultaneously, they sold equities amounting to ₹10,453.97 crore, resulting in a net inflow of ₹61.51 crore.

DIIs Maintain Positive Momentum

DIIs, on the other hand, maintained their positive momentum. During the session, they injected a total of ₹8,131.87 crore into the Indian markets. Simultaneously, they offloaded equities worth ₹7,826.78 crore, leading to a net inflow of ₹305.09 crore.

Global Cues and Institutional Investors

Market Reaction to Positive Global Cues

The movement of both FIIs and DIIs was influenced by largely positive global cues. This translated into a higher settlement for the domestic benchmark indices, as the markets responded to favorable trends from international counterparts.

FIIs: Striking a Balance

The FIIs’ actions demonstrated a balancing act, with net buying offsetting the recent selling trend. This suggests a nuanced approach as global conditions evolve.

DIIs: Consistency in Buying

DIIs continued their consistent buying trend, reinforcing the positive sentiment and contributing to the market’s upward movement.

Disclaimer: The information provided here is for educational purposes only and should not be considered financial advice. Always conduct thorough research and consider consulting a financial professional before engaging in algorithmic trading.

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