Indian stock markets have been in swing since the beginning of this year due to the inflation issue. After a sharp decline in January, the markets recovered slowly in February. Then American financial research firm Hindenburg published a report on Adani Group. As a result, Adani shares and shares of related companies and banks fell.
Last week, Silicon Bank of America announced its bankruptcy. This again pulled the market down. Bank stocks in particular, some IT and corporate stocks felt the pressure. The Nifty 50 index broke through 17,000 points and went down during this period. Today (March 17), the Nifty ended the trade at 17,100 points after seeing a higher gain over the afternoon.
F.I.I., / F.B.I., Sale
FIIs and FIIs are foreign financial institutions, investment firms, pension funds and portfolio investors. Which stocks they bet on and which stocks they lose will be mainly observed. Their activity plays an important role in stock market volatility.
Thus, foreign investors have been net sellers on all the 5 trading days of this week. They have sold shares worth around Rs.8 thousand crores.
On Monday (March 13) – Rs.1,546.86 crore, on Tuesday – Rs.3086.96 crore, on Wednesday – Rs.1,271.25 crore, on Thursday – Rs.282.06 crore and on Friday (March 17) – Rs.1,766.53 crore.
D.I.I.
Domestic institutional investors are TIIs Banks, insurance companies, mutual funds, portfolio management companies are TIIs. They have been net buyers on all 5 trading days of the week.
TIIs on Monday (March 13) – Rs 1,418.58 crore, Tuesday – Rs 2,121.94 crore, Wednesday – Rs 1,823.94 crore, Thursday – Rs 2,051.45 crore and Friday (March 17) – Rs 1,817.14 crore Purchased on net.