Domestic institutional investors pumped in close to Rs 4,000 crore on Tuesday.
Besides weak earnings, investors had to digest negative macroeconomic data on the inflation and GDP outlook front
Adopting a cautious stance, foreign investors have pulled over Rs 4,500 crore from the Indian equity market last week on fears of an aggressive rate hike by US Federal Reserve.
The latest inflow comes following massive net outflows to the tune of Rs 1.48 lakh crore from equities in the last six months from October 2021 to March 2022.
Markets remaining open during bank holidays isn't uncommon. However, such days are known well in advance.
But their domestic counterparts buy Rs 1,373 crore of stocks
As foreign portfolio investors bail out, will domestic investors run out of ammunition too?
Continuing their selling spree for the sixth straight month, overseas investors have pulled out a net Rs 45,608 crore from the Indian markets in March so far
LIC may have also ramped up share purchases to cushion the market against steep falls ahead of its initial public offering, said market watchers
Selling was seen in most sectors save metals and mining, pharma and telecom
Equity mutual funds attracted a net sum of Rs 19,705 crore in February, making it the 12th consecutive monthly net inflow, amid highly volatile stock market environment and continued FPIs selling.
These funds had, on an average, generated returns of -7.4% during past three months, compared with negative returns of 8-10% by large-cap, mid-cap and small-cap funds
Business Standard brings you the top headlines at this hour
FATF grey list inclusion hurts its attractiveness for investors
Analysts predict between $600 mn-$2.4 bn of inflows into domestic stocks
Sovereign and pension fund have seen a rise in their share of overall FPI assets
Worst start to a calendar year in terms of outflows
The domestic market has not just given up all post-Budget gains but also slipped into negative territory for the year
FPI allocation to BFSI companies in Nifty 500 declines to 20-quarter low
Rate hike signal intensifies sell-off; Sensex down 6.5% in 7 sessions