FIIs Sell Indian Equities, Buy Debt on June 10
NSDL India employees monitor market data in a busy control room.
Key Highlights
Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 3,885.57 crore on June 10, while making significant net purchases of Rs 2,147.47 crore in the debt market.
FIIs Offload Equities, Buy Debt on June 10
(FIIs) emerged as net sellers in the Indian equity market on June 10, offloading shares worth Rs 3,885.57 crore. This activity contrasts with their robust net buying in the debt segment, where they invested Rs 2,147.47 crore, according to data released by the National Securities Depository Limited (NSDL).
Equity Market Activity
On June 10, FIIs engaged in substantial trading within the equity segment. Gross buying reached Rs 15,510.00 crore, while gross selling was higher at Rs 19,395.57 crore. This resulted in the net outflow of Rs 3,885.57 crore from Indian equities, indicating a bearish sentiment among foreign investors for the day.
Debt Market Inflows
Conversely, the debt market witnessed significant inflows from FIIs. Gross purchases in the debt segment totaled Rs 3,402.85 crore, against gross sales of Rs 1,255.38 crore. This led to a net buying position of Rs 2,147.47 crore, highlighting continued interest in Indian fixed-income assets.
Within the broader debt market, FIIs specifically showed net buying in the Debt-General Limit segment, with an inflow of Rs 316.21 crore, further diversifying their debt portfolio allocations.