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News Topical, Digital Desk : After three consecutive weeks of selling, foreign investors have made net purchases in the Indian stock market on Friday. During this period, FIIs have made net purchases of Rs 1,932.81 crore in the stock market, which is their biggest one-day purchase since June 26. During the same period, domestic institutional investors (DII) have also made net purchases of Rs 7723.66 crore. So far this year, FPIs have been net sellers of Rs 1.76 lakh crore, while DIIs have been net buyers of Rs 4.45 lakh crore.
According to NSE data, FIIs bought shares worth Rs 17,682.11 crore on Friday while selling shares worth Rs 15,749.30 crore, making net purchases of Rs 1,932.81 crore. While DIIs bought shares worth Rs 16,682.09 crore and sold shares worth Rs 8,958.43 crore during this period, net purchases were Rs 7,723.66 crore. Trump's tariff bomb The US has recently imposed tough tariffs on India, which also targeted the benefits of India's bilateral trade agreement (BTA) with Russia. This geopolitical tension has weakened investor confidence, especially in sectors that have links with the US market, including pharma, which was the reason why FIIs had sold earlier. However, new purchases indicate that FIIs are now seeing value or strength in the Indian market despite the challenges. On Friday, Nifty 50 closed 0.95 percent lower at 24,363.30, while Sensex closed 0.95 percent lower at 79,857.79.
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