Representative image IANS
Business

FIIs turn net buyer this week, purchase Rs 4,670 crore in Indian markets

Domestic institutional investors (DIIs) were also net buyers as usual, purchasing Rs 8,280 crore

IANS

MUMBAI: Foreign institutional investors (FIIs) turned net buyer in the Indian equity markets this week, purchasing Rs 4,670 crore based on provisional exchange data.

Domestic institutional investors (DIIs) were also net buyers as usual, purchasing Rs 8,280 crore. Mutual fund systematic investment plan (SIP) contributions reached a three-month high of Rs 31,780 crore in June, according to the latest data released by the Association of Mutual Funds in India (AMFI).

This reflects a steady 2.7 per cent month-on-month increase compared to Rs 30,950 crore in May, alongside a 16.5 per cent jump from the Rs 27,270 billion recorded in June 2025, according to analysts.

“Benchmark Indices snapped it's four-week winning streak as it traded with high volatility and closed marginally lower during last week. Nifty started the week on a positive note and rallied to form an intra-week high of 24,530 on Tuesday’s session,” said Pabitro Mukherjee, Deputy Vice President-Research, Bajaj Broking.

However sharp decline during the midweek on account of renewed geopolitical tensions between US and Iran saw the index gave up entire recent gains and formed an intra-week low of 23,805 on Wednesday’s session. Index witnessed a rebound in the last two session of the week to close around 24,200 levels down by 0.3 per cent.

According to analysts, as far as policy initiatives are concerned, improvements made in the tax structure for foreign debt investors and policies to bring in foreign currency flows have boosted investor confidence. There has been considerable participation of FIIs in the domestic markets with the flow of FII funds in debt markets being around $5-$6 billion, said market watchers.

FIIs were net sellers ($3 billion) in June while domestic institutional investors (DIIs) were net buyers ($9 billion) in the Indian equity market. Over the last 12 months, Indian primary markets recorded FII net inflows of $8.1 billion while secondary markets suffered FII net outflows of $49.3 billion, said the report by JM Financial Institutional.

DMK regime buried Parandur feasibility report, slams CPM state secretary P Shanmugam

Traders upbeat as Tiruchy starts domestic cargo from passenger terminal

Untreated sewage stagnation near Tiruvallur station sparks health concerns

Onion prices in Chennai's Koyambedu market surge by 71 per cent, may hit Rs 100 per kg, say traders

Family of three arrested in Chennai for cheating Rs 20 lakh on promise of government jobs