
News Topical, Digital Desk : On June 3, 2025, foreign institutional investors (FIIs) have sold heavily in the Indian stock market. They sold shares worth -₹2,853.83 crore in a single day, which is the biggest selloff in the month of June. According to Sony Patnaik of JM Financial Services, the market may trade in a range during the month of June, while profit booking is also being seen at higher levels. Currently, the market has support of 24500 and if this level breaks, profit booking may increase and the market may also reach 24300 to 24000.
There was a big bang on Tuesday - FIIs have bought shares worth Rs 17,063.43 crore in cash. At the same time, they sold shares worth Rs 19,917.26 crore in cash. In this sense, they have bought shares worth Rs 2,853.83 crore.
On the other hand, DIIs i.e. domestic institutional investors have made purchases. DIIs have bought shares worth Rs 15,703.72 crore in cash. At the same time, they sold shares worth Rs 9,795.75 crore in cash. In this sense, they have bought shares worth Rs 5,907.97 crore. Now what next? Apart from the market remaining in the range at present, market experts remain positive for the future. According to Naveen Kulkarni, CIO of Axis Securities, there are signs of growth this year and there is a possibility that Nifty can make a return of 10 percent this year. At the same time, due to the stability of the dollar, buying from FIIs may continue. According to him, the earnings of companies will improve on a quarter-by-quarter basis and its effect will be seen on the market. According to another report, FIIs may once again increase their stakes in India in the coming times.
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