Foreign portfolio investors (FPIs) continued their buying spree for the fourth consecutive day on Tuesday, purchasing equities valued at a remarkable Rs 5,371.57 crore. This sustained interest from overseas investors comes amidst a contrasting trend from domestic institutional investors, who switched to net selling mode, offloading shares worth Rs 2,768.87 crore according to preliminary figures from the National Stock Exchange.
FPI Buying Trends
On Monday, FPIs had already made significant purchases amounting to Rs 3,055.76 crore. However, the trend for the month of March indicates a net outflow, with foreign investors having sold equities totaling Rs 26,456 crore. This follows a challenging start to the year, where January saw net sales of Rs 78,027 crore, and February recorded an additional Rs 34,574 crore in sales.
- March Net Equity Sales: Rs 26,456 crore
- February Net Equity Sales: Rs 34,574 crore
- January Net Equity Sales: Rs 78,027 crore
- 2025 Cumulative Net Sales: Rs 1.32 lakh crore
Indian Markets Show Mixed Signals
Despite these fluctuations, India’s benchmark equity indices have been on an upward trajectory. On Monday, both the Nifty 50 and Sensex extended their rally for a seventh consecutive session, marking their longest winning streak since September 2024. The indices experienced minor gains after initially peaking at a three-month high.
- Nifty 50 Closing: 23,668.65, up by 10.30 points (0.04%)
- Sensex Closing: 32.81 points higher (0.04%)
As the markets continue to react to these complex dynamics, investors are keenly observing the evolving situation, especially with the Nifty 50 facing resistance at the 23,800 levels.
Conclusion
In conclusion, the ongoing activity in the Indian equity market reflects a mix of optimism from foreign investors and caution from domestic institutions. As the month progresses, all eyes will be on how these trends unfold and what they might signal for the broader market. Keeping track of these developments is crucial for informed investment decisions.
