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Sensex Slips From Day High As Foreign Outflows Hit Market
M
Moneycontrol•16-10-2026, 09:52
Sensex Slips From Day High As Foreign Outflows Hit Market
- •Domestic stock markets turned red despite positive trends in most Asian markets due to foreign investor selling and profit booking.
- •Sensex dropped 491 points from its day high while Nifty slipped closer to the 22900 mark.
- •India VIX, which measures market volatility, surged 2.42 percent to reach 14.37.
- •Barring IT, sectors like auto, pharma, banking, realty, and oil and gas faced intense selling pressure.
Key Questions Answered
Domestic stock markets fell due to profit-booking at higher levels following a strong previous session, a spike in the India VIX volatility index, heavy selling in banking and other sector stocks, and continuous selling by foreign institutional investors (FIIs) who sold a net of approximately ₹5,285 crore on October 15.
Foreign institutional investors (FIIs) maintained their selling trend and made a net sale of approximately ₹5,285 crore worth of shares on October 15.
At 09:40 AM, the Sensex was down by 224.33 points at 74,091.28, while the Nifty 50 declined by 57.50 points to trade at 22,939.85.
