Indian equity markets witnessed volatile trade on February 19, with benchmark indices closing marginally lower amid mixed fund flow activity. While Foreign Institutional Investors (FIIs) turned net sellers, Domestic Institutional Investors (DIIs) provided buying support, helping cushion the impact. The total turnover across NSE and BSE stood at ₹89,120.35 crore in the cash market and ₹2,09,09,097.83 crore in the F&O segment. FIIs recorded a net sell of ₹1,881.30 crore, with a buy value of ₹11,570.57 crore and a sell value of ₹13,451.87 crore. On the other hand, DIIs remained net buyers, with a net purchase of ₹1,957.74 crore, as they bought stocks worth ₹11,192.98 crore while selling equities worth ₹9,235.24 crore. Despite FIIs’ selling pressure, domestic investors’ participation helped limit the downside in the market.
Key Highlights:
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FIIs’ total buy value: ₹11,570.57 crore
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FIIs’ total sell value: ₹13,451.87 crore
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FIIs’ net outflow: ₹1,881.30 crore
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DIIs’ total buy value: ₹11,192.98 crore
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DIIs’ total sell value: ₹9,235.24 crore
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DIIs’ net inflow: ₹1,957.74 crore
As a result, the net institutional activity in the market resulted in a net buy of ₹76 crore, providing stability amid volatility. While FIIs continue to sell, DIIs have remained strong buyers, cushioning the impact of foreign selling pressure.
Fund Flow Activity (19 February 2025)
- Total Turnover (NSE + BSE)
- Cash Volume: ₹89,120.35 crore
- F&O Volume: ₹2,09,09,097.83 crore
Indian benchmark indices ended marginally lower in a volatile session on February 19, 2025. The Sensex closed down 28.21 points or 0.04% at 75,939.18, while the Nifty declined 12.40 points or 0.05% to 22,932.90. Despite the flat closing, broader market indices outperformed, with the Nifty Midcap 100 rising 1.56% and the Nifty Smallcap 100 gaining 2.36%.
Markets Commentary by Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates
Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates stated that Nifty opened gap-down and witnessed initial volatility before consolidating within a narrow range. The India VIX eased from 16.02 levels, declining 1.56% to 15.42, indicating a reduction in market fear.
From a technical perspective, Hrishikesh shared that Nifty has formed a green candle, signaling strength. The Smallcap 100 index rebounded from support, forming a bullish engulfing pattern, while the Midcap 100 index broke past its previous resistance, reinforcing a positive sentiment. A buy-on-dips strategy remains favorable as long as Nifty sustains above 22,725, with 23,230 (21-Day Simple Moving Average – DSMA) acting as the immediate resistance. A break above this level could confirm a near-term bottom reversal.
Bank Nifty outlook
The Bank Nifty opened lower but saw strong buying interest, ending the session positively at 49,570. On the daily charts, it formed a bullish engulfing pattern, signaling further strength. However, it remains below the 49,650 resistance level, which is crucial for further upside.
- Sustaining above 49,650 could drive a rally toward 50,000.
- Immediate support lies at 48,800, and traders should monitor these levels for potential trading opportunities.
Given the strength in broader markets, investors may continue to look for buying opportunities on dips. However, a decisive breakout above key resistance levels in Nifty and Bank Nifty will be essential for confirming a strong near-term uptrend.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
