Foreign Institutional Investors Sell Shares Worth Rs 3,466 Crore, Domestic Institutional Investors Buy Rs 5,032 Crore on February 26

Market Update: February 26

Key Statistics

• Foreign Institutional Investors (FIIs) net sold Rs 3,466 crore worth of Indian equities on February 26.
• Domestic Institutional Investors (DIIs) net sold Rs 5,032 crore worth of shares on the same day.
• For the year so far, FIIs have been net sellers of Rs 29,749 crore, while DIIs have net bought Rs 95,346 crore worth of shares.

Market Performance

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• The BSE Sensex closed at 82,248.61, down 27.46 points or 0.03%.
• The Nifty50 closed at 25,496.55, up 14.05 points or 0.06%.
• The Nifty Midcap index rose 0.6%, while the smallcap index ended flat.

Sectoral Performance

• The auto, pharma, oil & gas, PSU Bank, telecom, and metal sectors added 0.4-1%, while the media index shed 0.7%.

Market Outlook

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• The market traded with volatility on February 26, ending almost unchanged amid mixed cues.
• The Nifty's ability to hold above the 25,400 level suggests that support remains intact, but the risk of further correction could persist until the index decisively surpasses the immediate hurdle at 25,600.
• Participants are advised to maintain a stock-specific approach, focus on sectors showing relative strength, and adhere to disciplined risk management.