FIIs buy Rs.589 crore while DIIs buy Rs.339 crore Indian equities

There was a net inflow of 338.44 Cr into domestic stocks due to the net purchasing value of 5,522.80 Cr by (DIIs) and the net selling value of 5,184.36 Cr.

Despite concerns over US sovereign debt and tightening of monetary measures, Indian shares closed Thursday’s session marginally higher. The Sensex finished up 0.16 percent at 61,872.62 and the Nifty index gained 0.2% to end at 18,321.15. For the fifth consecutive day, FIIs (foreign institutional investors) bought Indian stocks on Thursday.

Net purchases were made by both financial institution investors and DIIs in spite of the fact that the earnings period is winding down. The value of FII purchases of Indian stocks on May 25 was 8,521.07 crore and the value of FII sales was 7,931.97 crore with a net inflow of 589.10 crore as reported by the National Stock Exchange.

The Nifty Mid Cap increased by 0.4% and the Nifty Small Cap increased by 0.1%. Most market segments finished the day with gains. Nifty Realty was the best performer, up 1.1%, followed by Nifty Fast Moving Consumer Goods (+0.6%) with Nifty Consumer Durables (+0.5%). Nifty PSU Bank was down 0.5%, and Nifty Healthcare was down 0.2%.

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