FIIs Net Buy ₹970 Cr, DIIs Net Sell ₹850 Cr in Cash Market on 18th May 2023

Foreign Institutional Investors (FIIs) net bought ₹970 crore in the cash market on 18th May 2023, while Domestic Institutional Investors (DII) net sold ₹850 crore. This resulted in a net inflow of ₹120 crore into the Indian equity market.


The positive sentiment among FIIs was likely due to a number of factors, including the recent rally in the Indian stock market, the improvement in corporate earnings, and the continued inflow of foreign direct investment (FDI) into India.

The negative sentiment among DIIs was likely due to a number of factors, including the recent sell-off in the Indian stock market, the concerns over the global economic slowdown, and the rising interest rates in the US.

Despite the net outflow from DIIs, the overall sentiment in the Indian equity market remained positive, as FIIs continued to be net buyers. This is likely to support the Indian stock market in the near term.

Here are some of the factors that may have contributed to the FII inflows:

  • The recent rally in the Indian stock market. The Sensex index has risen by over 10% in the past three months.
  • The improvement in corporate earnings. Corporate earnings have been growing at a healthy pace in recent quarters.
  • The continued inflow of FDI into India. FDI inflows into India have been strong in recent years.

Here are some of the factors that may have contributed to the DII outflows:


  • The recent sell-off in the Indian stock market. The Sensex index has fallen by over 5% in the past month.
  • The concerns over the global economic slowdown. There are concerns that the global economy may be headed for a recession.
  • The rising interest rates in the US. The US Federal Reserve has raised interest rates several times in recent months.

Overall, the sentiment in the Indian equity market remains positive, as FIIs continue to be net buyers. This is likely to support the Indian stock market in the near term.

Here are some of the key takeaways from the flows in the cash market on 18th May 2023:


  • FIIs continue to be net buyers of Indian equities.
  • DIIs have been net sellers of Indian equities in recent months.
  • The overall sentiment in the Indian equity market remains positive.
  • The Indian stock market is likely to be supported by FIIs in the near term.

It is important to note that the flows in the cash market are just one factor that can affect the performance of the Indian stock market. Other factors, such as the global economic slowdown and the rising interest rates in the US, could also have an impact. Investors should carefully monitor these factors before making any investment decisions.

Comments

Popular posts from this blog

Deccan Gold Mines Up 150% in a Year, Makes Major Lithium Move in Mozambique

Small Cap Gem: Sakuma Exports Doubles in 2024, Bonus Share Proposal on July 1st?

Simple Investing: It's Not Rocket Science (But It Takes More Than Luck)