FPIs Extend Selling Streak As Nifty Logs Steepest Weekly Fall In Nearly Five Months
The foreign portfolio investors on Friday stayed net sellers of Indian shares for the fifth consecutive session as markets extended their decline for the third session and logged their steepest weekly fall in nearly five months.
The FPIs sold stocks worth approximately Rs 8,092.9 crore, according to provisional data from the National Stock Exchange. The domestic institutional investors stayed net buyers for the fourth session and bought stake worth Rs 10,925.34 crore.
FPIs Selling Streak Continues
In this week, FPIs have sold stake worth Rs 20,731.98 crore. The FPIs sold stake worth Rs 6,077.02 crore on Thursday, according to the National Securities Depository Ltd. So far in August, FPIs have sold stakes worth Rs 34,993 crore, according to NSDL.
The FPIs sold shares worth Rs 17,741 crore in July and bought stake worth Rs 14,590 crore in June. In 2025 so far, the FPIs have net sold equities worth Rs 1.30 lakh crore.
Nifty and Sensex Performance
The benchmark equity indices closed in the red for the third straight session on Friday, dragged down by shares of Reliance Industries Ltd.
The NSE Nifty 50 ended 74.05 points or 0.3% lower at 24,426.85 and the BSE Sensex closed 270.92 points or 0.34% down at 79,809.6. The Nifty fell over 0.39% during the day to 24,404.7, while the Sensex slipped 0.42% to 79,741.76.
On a weekly basis, the Nifty snapped its two-week winning streak and declined nearly 2%, posting the steepest weekly decline since week ended April 4.
Impact on Indian Investors
The continuous selling by FPIs has raised concerns among Indian investors. The selling streak has led to a decline in the Nifty and Sensex, affecting the overall market sentiment.
However, the domestic institutional investors have been net buyers, which has provided some support to the market. The buying by DIIs has helped to cushion the fall in the market, but the selling by FPIs has been a major concern.
What’s Next for the Indian Stock Market?
The Indian stock market is expected to remain volatile in the coming days. The FPIs’ selling streak is likely to continue, which could put pressure on the market.
However, the domestic institutional investors are expected to continue their buying streak, which could provide some support to the market. The market is also expected to be influenced by the global market trends and the economic data releases.
Investors are advised to remain cautious and keep a close eye on the market trends. It’s also important to have a long-term perspective and not to make any impulsive decisions based on short-term market fluctuations.
Conclusion
In conclusion, the FPIs’ selling streak has continued, leading to the Nifty’s steepest weekly fall in nearly five months. The domestic institutional investors have been net buyers, but the selling by FPIs has been a major concern.
Investors should remain cautious and keep a close eye on the market trends. It’s also important to have a long-term perspective and not to make any impulsive decisions based on short-term market fluctuations.
For more information on the Indian stock market, click here. To know more about the FPIs’ selling streak, click here.
