In recent times, foreign institutional investors (FIIs) have been seen swinging between selling and buying in the Indian stock market. While they sold heavily worth Rs 1,13,858 crore in October, it came down to Rs 39,315 crore in November. Market experts are considering this as a result of improvement and attractive valuation.
Buying increased in the primary market.
In November, FIIs bought Rs 17,704 crore in the primary market. This indicates that investors are expressing confidence in India's long-term growth story.
3 days of buying, then selling
Between November 23-25, FIIs made continuous purchases in the Indian market. They invested Rs 11,100 crore in three days, but then sold equities worth Rs 16,139 crore in just two days. This volatility indicates global economic uncertainties.
Signs of strength in the Indian market
On Friday, the Sensex and Nifty registered a strong rally in the Indian market. The Sensex closed at 79,802.79 with a jump of 759.05 points and the Nifty closed at 24,131.10 with a gain of 216.95 points. According to experts, this is the result of better investor sentiment and better performance of large-cap stocks.
Technical outlook: Vigilance required
According to Rajesh Bhosale of Angel One, the market technically remains in a consolidation phase. Traders are advised to avoid making more aggressive bets and keep an eye on global factors.
Stability expected shortly
Vikram Kasat of PL Capital-Prabhudas Lilladher said that despite global challenges, investors' confidence in India remains intact. This is likely to bring stability to the market.
Will this change be permanent?
Experts believe that the improvement in FII activities is a positive sign for the Indian market. However, it is also important to pay attention to global economic factors and changes in the US Federal Reserve's policy.
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