The Indian equity market experienced a significant downturn on January 13, 2025, with Nifty shedding 1.47% to close at 23,085.95, driven by intense selling from Foreign Institutional Investors (FIIs) despite strong support from Domestic Institutional Investors (DIIs).
- Nifty50: Declined by 345.55 points (-1.47%), ending at 23,085.95.
- FIIs (Foreign Institutional Investors): FIIs were net sellers, offloading equities worth ₹4,893 crore. Their gross buying stood at ₹10,978 crore, while gross selling totaled ₹15,871 crore.
- DIIs (Domestic Institutional Investors): DIIs emerged as net buyers, purchasing equities worth ₹8,066 crore. Their gross buying amounted to ₹20,134 crore, while gross selling was reported at ₹12,067 crore.
The significant DII buying indicates strong domestic support amid FII outflows, showcasing confidence in the Indian markets despite global uncertainties. This trend is being closely monitored by market participants for potential impact on market sentiment and indices in the coming days.
Stay tuned for further updates on institutional activity and market movements.
