
Share Market: Foreign institutional investors (FIIs) sold shares worth Rs 6,450 crore on Friday, 30 May. While domestic institutional investors (DIIs) bought shares worth Rs 9,095 crore. This gave the capital market support. During the business session, domestic investors bought shares worth Rs 20,673 crore and sold shares worth Rs 11,577 crore. While foreign investors bought shares worth Rs 44,434 crore and sold shares worth Rs 50,884 crore.
This year so far so much selling
Foreign investors from the Indian stock market sold shares worth Rs 1,21,414 crore so far this year. While domestic investors have bought shares worth Rs 2,75,264 crore. On Friday, the Nifty’s stand remained sluggish. This is the fourth consecutive session of the Nano-range session.
Decline in both Sensex and Nifty
The Nifty fell at 24,751 with the Nifty 50 0.3 percent to close at 24,751 amidst the vigilance of investors and the weak quarterly results of several companies over tariffs and the Sensex closed down by 0.22 percent. Weakness was also seen in the brain market. Both the Nifty Midcap 100 and Smallcap 100 declined by 0.1 percent as there was a selling pressure in the IT, metal and auto sector during the business yesterday.
According to Moneyntrol report, Motilal Oswal Financial Services’ Research Head, Wealth Management, Siddharth Khemka said that the purchase of shares of domestic investors remained a surpot. In the major macro development, India’s GDP growth rate has reached 7.4 percent in the fourth quarter, which is more than the estimate of 6.7 percent. While the growth of the entire financial year 2025 was 6.5 percent.
Concern about economic growth globally
He further said, “At the global level, there is concern about economic growth. Because the US economy has declined by 0.2 percent in Q1cy25. It is better than an estimate of 0.3 percent of the planned. In the coming time, questions are being raised about the policy of Fed Reserve. Repo rate is expected to be cut next week, so the share of public sector banks will be in focus. Apart from this, the release of monthly auto sales and volume data may show a sector-specific move in the automobile sector. ”
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(Tagstotranslate) Fiis (T) Sensex (T) Share Market (T) Diis (T) Stock Market (T) Domestic Investor (T) Foreign Investor
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