FPIs Sold Rs 1261 Cr, DIIs Added Rs 1380 Cr on Nov 2

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On November 2, 2023 FPIs, foreign institutional investors (FIIs) sold shares worth Rs 1,261.19 crore.

while domestic institutional investors (DIIs) added shares worth Rs 1,380.15 crore, as per provisional data from NSE.

In the month up to November 2, 2023, FIIs sold shares worth Rs 3,052.07 crore, while DIIs bought shares worth Rs 1,468.84 crore.

In October, FIIs offloaded shares worth Rs 29,056.61 crore, while DIIs added equities worth Rs 25,105.86 crore.


FPIs Market Highlights: Fed Rates, Bond Yields, and Indian Stocks:

The US Federal Reserve has opted to keep interest rates unchanged for the second consecutive time.

Consequently, US 10-Year bond yields saw a significant 27bps drop, closing at a one-month low of 4.70%.

Positive global indicators, robust Q2FY24 earnings, and increased GST collections have contributed to an improved market sentiment.

Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services, anticipates that with this pivotal event now behind us, the market will likely consolidate positively, with a focus on specific stocks.

On Thursday, the NSE Nifty 50 surged by 144.10 points, representing a 0.76% gain, closing at 19,133.25.

Simultaneously, the BSE Sensex witnessed an increase of 489.57 points, reaching 64,080.90.

Investor Types: FPIs, FII, DII, and Their Impact:

Foreign institutional investors (FII) or Foreign portfolio investors (FPI) are those who invest in a country’s financial assets while not being its residents.

In contrast, domestic institutional investors (DII) invest within their home country.

Both FIIs and DIIs base their investment decisions on political and economic trends.

Furthermore, both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) have the potential to influence a nation’s net investment flows.

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FIIs and DIIs are key players in the global financial arena, each contributing to the dynamics of their respective markets.

They navigate through the intricate web of political and economic factors, making investment decisions that extend beyond borders and significantly shape a nation’s economic landscape.


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