Foreign institutional investors (FIIs) returned to selling in Indian equities on Thursday, offloading a net Rs 3,458.70 crore. They had bought a net Rs 1,022.32 crore on Wednesday. Domestic institutional investors (DIIs) bought a net Rs 2,891.32 crore, according to the exchange provisional data.
FIIs bought shares worth Rs 13,627.54 crore and sold Rs 17,086.24 crore during the session. DIIs bought Rs 16,242.83 crore and sold Rs 13,351.51 crore.
The latest outflow takes October’s cumulative FII selling to about Rs 52,353 crore. FIIs have been net sellers in 12 of the 14 trading sessions this month. The two net-buying sessions were October 16 and October 21.
The largest single-day outflow this month was Rs 12,943.58 crore on October 8.
DIIs have been net buyers in 13 of the 14 sessions, with cumulative buying of about Rs 55,875 crore. That is equal to roughly 107% of FII selling for the month. The combined net flow for October is positive at about Rs 3,522 crore.