FIIs back in action! Over ₹1,500 crore bought in Indian equities as US bond yields dip, DIIs continue buying spree
Foreign institutional investors (FIIs) snapped their selling streak on Thursday, August 24, over lower US bond yields and other positive global cues. The US market exhibited a positive trend as declining US PMI ignited hopes of a prolonged rate pause, calming US bond yields. The domestic institutional investors (DIIs) were net buyers again and invested ₹5,797 crore during the session.
As per the NSE data, FIIs cumulatively bought ₹12,992.74 crore of Indian equities, while they sold ₹11,467.87 crore — resulting in an inflow of ₹1,524.87 crore. Meanwhile, DIIs infused ₹13,050.83 crore and offloaded ₹7,254.22 crore, registering an inflow of ₹5,796.61 crore.
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Updated: 24 Aug 2023, 07:29 PM IST
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