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Indian Equity Market: Record purchases have been made in the Indian Stock Market by foreign investors in May. During only 4 sessions, a lot of money has been added to the stock market by foreign investors. However, domestic investors have emerged as the biggest sellers so far. Foreign investors made vigorous purchases during the week ending May 5. FPIs have invested Rs 10,850 crore and foreign institutional investors (FIIs) have bought Rs 5,528 crore.
At the same time, domestic investors have become the biggest sellers. Sensex and Nifty 50 have gained over 1 per cent each during the past week as broad-based gains in HDFC and HDFC Bank witnessed heavy selling. According to NSDL data, FPIs have invested Rs 10,850 crore in the Indian stock market.
Domestic investors took out so many crores
At the same time, shares worth Rs 11,631 crore were bought during the month of April. FIIs added Rs 5,527.26 crore to the Indian equity market and DIIs pulled out Rs 2,735.25 crore from the stock market. Please tell that in the first week of May, trading was done only for 4 days. In this situation, the Sensex rose by 443 points or 0.7 percent and the Nifty 50 rose by 171 points or 0.96 percent.
stock market condition
There was a huge fall in the stock market on Friday. The Sensex closed 694.96 points or 1.13 per cent lower at 61,054.29, while the Nifty 50 closed 186.80 points or 1.02 per cent lower at 18,069. The reason for the big fall in the equity market has been the results released during the fourth quarter of many companies.
HDFC and HDFC Bank registered heavy losses on Friday with a fall of around 6 per cent. However, overall, the weekly fall in HDFC Bank is around 3 per cent and that of HDFC Bank is over 2 per cent.
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