Foreign and domestic institutional investors were net buyers in Indian equities on Wednesday, with domestic funds continuing to show stronger momentum, provisional exchange data showed.Foreign institutional investors (FIIs) made a net purchase of ₹890.93 crore, while domestic institutional investors (DIIs) bought shares worth ₹1,091.34 crore on a net basis. For the month so far, FIIs have sold Indian equities worth ₹5,869.04 crore, with gross purchases of ₹172,852.35 crore and gross sales of ₹178,721.39 crore. In contrast, DIIs have emerged as firm buyers, net purchasing ₹58,138.87 crore worth of stocks, with...
Indian equity markets are witnessing a sharp sell-off on Friday, April 25, owing to the rising geopolitical tensions between India and Pakistan.The resultant sell-off has led to a wipe out of ₹10 lakh crore in the combined market capitalisation of all BSE-listed companies, within the first two hours of trade. Barring the Nifty IT, all other sectoral indices are trading with losses. The Nifty Media and Nifty Realty indices are down over 3% in today's trade. The PSU Bank Index, Nifty Energy, Pharma, Metal and Auto indices are also down...