FPIs Stay Net Sellers As Nifty Nosedives Below 25,200 In Late Trade

In a significant market shift, Foreign Portfolio Investors (FPIs) continued their selling trend, contributing to a decline in the Nifty index, which fell below the crucial 25,200 mark during late trading sessions. This downturn comes amidst a broader market volatility and concerns over economic indicators that have influenced investor sentiment. Contrarily, domestic institutional investors exhibited a contrasting trend by remaining net buyers for the fourth consecutive day, purchasing shares worth Rs 12,293 crore. This divergence highlights a growing reliance on domestic market players as FPIs reassess their investment strategies amid fluctuating global conditions. Analysts suggest that this ongoing dynamic could have implications for market stability and investor confidence in the coming weeks. The robustness of domestic institutions may provide some cushion against external shocks, as they continue to demonstrate a willingness to invest in the Indian equity market despite the bearish trends exhibited by FPIs.