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FIIs Sell Rs 12944 Crore Equities While DIIs Step In With Massive Buying
M
Moneycontrol•08-10-2026, 21:19
FIIs Sell Rs 12944 Crore Equities While DIIs Step In With Massive Buying
- •Foreign institutional investors net sold shares worth Rs 12943.58 crore on October 8, marking their largest outflow of the month.
- •Domestic institutional investors acted as a cushion, net buying shares worth Rs 10703.11 crore and offsetting over 80 percent of FII selling.
- •Indian equities plunged sharply with the Sensex dropping 1045.46 points and the Nifty 50 sinking 371.25 points amid global headwinds and rising oil prices.
- •Key factors driving the FII outflow include a weakening rupee, surging inflation concerns from crude oil crossing 100 dollars a barrel, and rising US Treasury yields.
- •Sectoral indices across the board suffered losses led by metal, realty, and capital goods, while IT and housing finance stocks performed relatively better.
Key Questions Answered
Foreign institutional investors (FIIs) net sold equities worth Rs 12,943.58 crore on October 8, while domestic institutional investors (DIIs) net bought shares valued at Rs 10,703.11 crore.
Indian equities saw a sharp correction on Thursday as the Nifty 50 plunged 1.64 percent to 22,231.80, and the Sensex plummeted 1.44 percent to close at 71,593.24.
The market correction was driven by a weakening rupee, surging oil prices above $100 a barrel, a high US 10-year Treasury yield around 5.3 percent, a shift in RBI's monetary stance, and caution ahead of earnings.
