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FIIs turn net sellers at ₹944 crore as Sensex jumps 905 points
CNBC-TV18 1 hr ago·29 Oct 2026, 3:01 pm
Foreign institutional investors (FIIs) turned net sellers in the Indian stock market on Thursday, offloading equities worth ₹944 crore. This selling pressure was countered by strong buying from domestic institutions, which purchased stocks worth ₹1,924 crore. The market saw a sharp rally, with the Sensex jumping 905 points, driven by gains in FMCG, PSU banks, and real estate sectors.
This divergence in investor activity highlights a shift in market sentiment, where domestic funds are stepping in to support the rally despite foreign selling. For investors, this suggests that domestic liquidity is playing a key role in sustaining the market's upward momentum. The continued strength in banking and consumer stocks indicates confidence in India's economic recovery.
Going forward, investors should watch for any sustained selling by FIIs and the response of domestic funds. If domestic buying continues to outweigh foreign outflows, the rally could maintain its strength. However, a reversal in this trend could lead to volatility, so keeping a close eye on sectoral performance is essential.
Excerpt from CNBC-TV18
Published On Oct 29, 2026 | 20:31 IST Last Updated On Oct 29, 2026 | 20:31 IST Domestic institutional buying offset foreign outflows as equity benchmarks rallied sharply. Birlasoft surged on strong quarterly earnings, while Equitas Small Finance Bank slumped following leadership changes. Discover which major firms cut…Read the original at CNBC-TV18
Key takeaways
- Category: Stocks.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
