FII DII Data: The Indian stock market witnessed a day of divergent trends on September 8, 2023, with foreign institutional investors (FIIs) recording net sales while domestic institutional investors (DIIs) continued to make purchases.
Foreign Institutional Investors (FIIs)
– In the cash segment, FIIs made gross purchases amounting to ₹7,520.34 crore.
– Their gross sales exceeded purchases, totaling ₹8,756.85 crore.
– Consequently, FIIs recorded a net sales figure of -₹1,236.51 crore in the cash segment.
– In the derivatives market, FIIs demonstrated mixed activity:
– In the index future segment, FIIs recorded gross purchases of ₹1,568.09 crore and gross sales of ₹1,899.57 crore, resulting in a net sales figure of -₹331.48 crore.
– In the stock future segment, FIIs continued to be net sellers, with gross purchases amounting to ₹12,259.00 crore and gross sales of ₹12,794.17 crore. This led to a net sales figure of -₹535.17 crore.
– In the options segment, FIIs were active:
– In index options, FIIs made gross purchases of ₹1,387,141.83 crore and gross sales of ₹1,403,865.04 crore, resulting in a net sales figure of -₹16,723.21 crore.
– In stock options, FIIs recorded gross purchases of ₹26,086.25 crore and gross sales of ₹25,920.76 crore, resulting in a net purchase figure of ₹165.49 crore.
The net sales by FIIs in the cash segment and index options, along with increased selling in stock futures, contributed to the overall negative sentiment.
Domestic Institutional Investors (DIIs)
– In the cash segment, DIIs continued to show positive momentum with gross purchases of ₹8,097.08 crore.
– Gross sales by DIIs amounted to ₹7,544.53 crore.
– This resulted in a net purchase figure of ₹552.55 crore in the cash segment.
DIIs, comprising mutual funds and insurance companies, maintained their buying activity, which contributed to market stability.
The day’s market activity underscores the dynamic nature of market trends and the significant role played by institutional investors. As market participants closely monitor these trends, market conditions are expected to remain dynamic, influenced by both domestic and global factors.
Investors and analysts will closely watch the actions of FIIs and DIIs in the forthcoming sessions, as these trends often provide insights into market direction and investor sentiment.
