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FIIs Intensify Selling, Offload ‘9,980 Crore as Nifty Faces Worst September in 25 Years
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CNBC TV18•29-09-2026, 21:35
FIIs Intensify Selling, Offload ‘9,980 Crore as Nifty Faces Worst September in 25 Years
- •Foreign institutional investors (FIIs) net sold Indian equities worth ’9,980.22 crore on Tuesday, significantly higher than Monday's ’5,353.22 crore net selling.
- •Domestic institutional investors (DIIs) provided market support with net purchases of ’6,952.71 crore on Tuesday.
- •Benchmark indices ended lower despite recovering sharply from day's lows; Sensex fell 243 points, Nifty declined 64 points.
- •The Nifty is down nearly 7% in the September series, on track for its worst September in 25 years.
- •IT and insurance stocks were among the laggards, with Wipro and PB Fintech seeing significant declines, while Dr Reddy's Laboratories gained after a brokerage upgrade.
Key Questions Answered
Foreign institutional investors offloaded shares worth ₹32,452.92 crore and bought equities worth ₹22,472.70 crore, resulting in a provisional net selling of ₹9,980.22 crore on Tuesday.
Domestic institutional investors provided market support by recording net purchases of ₹6,952.71 crore during the Tuesday session, having bought equities worth ₹46,261.11 crore and sold shares worth ₹39,308.40 crore.
The Nifty IT index dropped over 1% with Wipro as its biggest loser, and insurance stocks extended losses as PB Fintech fell 6% and TurtleMint declined 5%.
