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CNBC TV18

Foreign investors provisionally sell ₹5,027.36 crore as Nifty slides to a five-month low

AI Market Summary
Heavy FII selling (₹5,027 crore) reversed the prior session's inflows and coincided with the Nifty sliding to a five-month low, signaling risk-off positioning in Indian equities. Broad-based declines (48/50 Nifty constituents down) and sharp drawdowns in financials/insurance, driven by IRDAI proposals, amplified downside momentum. DII net buying provided partial support but did not offset foreign outflows and weak global cues.
Impact level
● High
Affected assets
NCSINIFTY52USD/USDT-0.67%
AI Insight · NCSINIFTY52USD/USDTAI Insight
▼ Bearish
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Foreign institutional investors turned net sellers in Indian equities on Thursday, provisionally offloading ₹5,027.36 crore worth of shares after being net buyers in the previous session. The Nifty fell to its lowest level in five months, with 48 of its 50 constituents closing lower and insurance stocks leading declines after regulatory proposals. Domestic institutional investors were net buyers, with provisional purchases of ₹4,301.18 crore.