FPIs Offload Shares For Ninth Consecutive Session As Nifty Crashes Nearly 2%

In a continuing trend, foreign portfolio investors (FPIs) have sold shares for the ninth consecutive session as the Nifty index experienced a significant decline of nearly 2%. This selling pressure reflects growing concerns among FPIs regarding market volatility and economic uncertainties. In contrast, domestic institutional investors (DIIs) have shown resilience, remaining net buyers for the 11th consecutive day, purchasing shares worth Rs 4,966 crore. This divergence in investor behavior indicates a potential shift in market dynamics, with domestic players seemingly more optimistic about the Indian economy despite the downturn. Analysts suggest that the ongoing global economic challenges and inflation concerns may be influencing FPIs' decisions to reduce their exposure in the Indian market. As the market reacts to these developments, the performance of both domestic and foreign investors will be closely monitored, particularly in light of upcoming economic indicators and corporate earnings reports that could sway market sentiment.