Mumbai: Foreign institutional investors (FIIs) turned net buyers of Indian equities for the week ending October 31, ending a 10-week selling spree and net buying Rs 6,305 crore worth of shares, IANS reported on Saturday. FIIs were net buyers in three of the last five trading sessions, helping Indian benchmark indices stage a sharp rebound supported by improving risk sentiment after the US Federal Reserve left interest rates unchanged.

Source: IANS via HiIndia

This is a new development from the previous week reported on this site, when FII selling had eased to Rs 2,697 crore in a 10th consecutive week of outflows and the Nifty fell 2.4% as Brent crude hit $116.72. This week the direction flipped to net buying, and the Nifty gained 2% to close at 23,053.10 after touching an intraweek high of 23,118, while the Sensex rose 1.83% on the week.

Source: IANS via BizzBuzz

Rs 6,305 croreFII net buying this week — first after 10 weeks of selling
Rs 3,110 croreDII net buying — 11th consecutive week
23,053.10Nifty close, up 2% on the week
Rs 45,162 croreFII net selling month-to-date in October

Domestic institutional investors (DIIs) remained net buyers for the 11th consecutive week, although purchases slowed to Rs 3,110 crore from Rs 10,942 crore in the previous week as they booked profits into the rally, IANS reported. Month-to-date, FII net selling has narrowed to Rs 45,162 crore, while DII net purchases stood at Rs 62,220 crore. Broader markets outperformed the benchmarks, with the Nifty Midcap 100 rising 2.7% and the Nifty Smallcap 100 rising 4% on the week.

Source: NationPress (IANS)

Precise exchange figures reported separately put FII net purchases at Rs 6,304.67 crore and DII net purchases at Rs 3,109.79 crore for the week, with the Sensex closing Friday up 308 points at 74,459 and the Nifty up 0.51% on the day, aided by easing bond yields and domestic earnings.

Source: The Columns

Analysts said the reversal in FII flows is an encouraging signal for market sentiment, though elevated crude and global event risk could temper momentum. A Bernstein report cited by IANS cut its Nifty 50 target for December 2026 to 25,000 from 26,000, adding that a reduction in long-term capital gains tax alone cannot trigger sustained FII inflows. Market participants will track the US midterm elections in the coming week, Brent crude above $110 a barrel, the US-Iran and Russia-Ukraine conflicts, and quarterly earnings, IANS reported.

Source: IANS via HiIndia