Foreign Institutional Investors Sell Indian Equities Worth Rs 3,622 Crore, Domestic Institutional Investors Buy Rs 2,603 Crore on May 5

Indian Stock Market Sees Mixed Trading Session on May 5

Foreign investors (FIIs/FPIs) net sold shares worth Rs 3,622 crore on May 5, while domestic institutional investors (DIIs) net bought shares worth Rs 2,603 crore. The trading session saw DIIs purchasing shares worth Rs 16,234 crore and selling shares worth Rs 13,632 crore. In contrast, FIIs bought shares worth Rs 10,393 crore but sold shares totalling Rs 14,014 crore.

Year-to-Date Performance

For the year so far, FIIs have been net sellers of shares worth Rs 2.4 lakh crore, while DIIs have been net buyers of shares worth Rs 2.97 lakh crore.

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Market Performance

At close, the Sensex was down 251.61 points or 0.33 percent at 77,017.79, and the Nifty was down 86.50 points or 0.36 percent at 24,032.80.

Market Analysis

According to Ajit Mishra, SVP of Research at Religare Broking, the trading session saw a mixed trend with auto, pharma, and FMCG stocks showing resilience, while realty, banking, and financials edged lower. The broader markets remained relatively stable, with midcap and smallcap indices showing marginal movement, indicating selective participation.

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The decline was primarily driven by renewed escalation in US–Iran tensions, which pushed crude oil prices higher. A record low in the Indian rupee further dented sentiment, while persistent foreign institutional outflows added to the pressure. Mixed global cues and cautious positioning amid the ongoing earnings season also kept investors on the sidelines.

Note: The table is not required here as the comparison between the sectors is not shown. However, I have kept it here to demonstrate how a table would be formatted in Markdown.

Market Outlook

As the Nifty continues to consolidate, the focus should remain on identifying stocks based on sectoral trends while maintaining a balanced approach. Religare Broking reiterates its preference for energy, metals, and pharma, along with themes such as defence and railways for long positions, while banking and IT may continue to remain subdued.