Foreign Institutional Investors Unload Indian Equities Worth Rs 8,010 Crore, Domestic Investors Take Contrasting Stance

Market Update: March 24, 2026

Foreign Institutional Investors (FIIs/FPIs) and Domestic Institutional Investors (DIIs) Activity

• FIIs/FPIs net sold Rs 8,010 crore worth of Indian equities, while DIIs net bought Rs 5,867 crore.
• During the session, DIIs purchased Rs 12,407 crore worth of shares and sold Rs 20,416 crore.
• FIIs bought Rs 21,127 crore but sold Rs 15,260 crore.

Year-to-Date Performance

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• FIIs/FPIs have net sold Rs 1.47 lakh crore worth of Indian equities.
• DIIs have net bought Rs 2.11 lakh crore worth of Indian equities.

Market Performance

• Nifty surged 445 points (2%) to close at 22,957.
• The index opened 366 points higher but quickly shed 275 points from its early peak in the first half.
• NSE cash volumes edged down 2% from the prior session.
• IndiGo, L&T, and Bajaj Finance led Nifty gainers, while Coal India, Power Grid, and Adani Enterprises bore the brunt of selling pressure as top laggards.

Sectoral Performance

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• All sectoral indices closed green, with Media, Private Banks, and Autos posting the sharpest gains.
• Midcaps and smallcaps stole the show, as Nifty Midcap 100 climbed 2.60% and Nifty Smallcap 100 rose 2.63%.

Currency and Commodity Update

• The rupee clawed back slightly, gaining 10 paise to end around 93.87/$.
• The USD/INR exchange rate was influenced by a 10% crude price drop following US President Donald Trump's de-escalation on Iranian energy targets.