Strong buying from domestic institutional investors (DIIs) helped offset market losses on Monday, while foreign institutional investors (FIIs) continued as net sellers in Indian equities. FIIs/FPIs sold shares worth Rs 3,912 crore, whereas DIIs purchased equities worth Rs 5,109 crore during the session.
Following massive selling by FIIs of Rs 21,106 crore on May 29, domestic investors maintained their support. On Monday, DIIs bought shares worth Rs 15,226 crore and sold shares worth Rs 10,117 crore. In comparison, FIIs purchased equities worth Rs 17,726 crore but sold shares amounting to Rs 21,638 crore.
Despite the buying support from domestic investors, benchmark equity indices closed lower due to weakness in auto, FMCG, PSU bank, and realty stocks. The Sensex ended 508.40 points lower at 74,267.34, while the Nifty declined by 165.15 points to settle at 23,382.60.
Market breadth showed weakness with 1,505 shares advancing, 2,665 declining, and 180 remaining unchanged on the BSE. Sectors like auto, power, FMCG, PSU Bank, consumer durables, and realty witnessed declines between 1 and 3 percent.
However, technology stocks saw buying interest, limiting losses, with the IT index gaining 2.6 percent. Media stocks also rose by 1.3 percent, while the metal index closed 0.5 percent higher. Notable laggards on the Nifty included Hindustan Unilever, Tata Consumer Products, ITC, Shriram Finance, and Mahindra & Mahindra.
Conversely, Tech Mahindra, Infosys, TCS, Coal India, and JSW Steel ended with significant gains. In 2026, FIIs have been net sellers of Indian equities worth Rs 2.99 lakh crore, while DIIs have provided support with net buying of Rs 3.80 lakh crore during the same period.
