Foreign Investors Sell Equities Worth Rs 1,060 Crore as Domestic Investors Buy Rs 2,967 Crore on April 20

Indian Equities See Mixed Trading as Foreign Investors Sell

Foreign investors (FIIs/FPIs) net sold Rs 1,060 crore worth of Indian equities on April 20, according to provisional exchange data. This move came as domestic institutional investors (DIIs) net bought shares worth Rs 2,967 crore.

The trading session saw DIIs purchasing shares worth Rs 18,753 crore and selling shares worth Rs 15,786 crore. In contrast, FIIs bought shares worth Rs 12,757 crore but sold shares totalling Rs 13,817 crore.

Year-to-Date Trends

For the year so far, FIIs have been net sellers of shares worth Rs 2.13 lakh crore, while DIIs have net bought shares worth Rs 2.74 lakh crore.

Market Performance

At close, the Sensex was up 26.76 points or 0.03 percent at 78,520.30, and the Nifty was up 11.30 points or 0.05 percent at 24,364.85.

The following companies were among the major gainers on the Nifty: Trent, SBI, JSW Steel, Asian Paints, and Grasim Industries. The losers were Jio Financial, Hindalco, HDFC Life, Tata Motors Passenger Vehicles, and Kotak Mahindra Bank.

Market participants remain cautious due to the uncertainty surrounding the US-Iran ceasefire, which is set to expire this week. Despite these headwinds, investors are giving some weight to the progressing Q4 earnings season. This has led to selective accumulation in growth-oriented sectors such as power, capital goods, and consumer durables, which continue to attract attention for their long-term potential.

| Sector | Q4 Earnings Season | | --- | --- | | Power | Selective accumulation | | Capital Goods | Selective accumulation | | Consumer Durables | Selective accumulation | | Overall | Cautious optimism |