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Market move▼ Bearish for Indian equities
FII selling intensifies to nearly ₹10,000 crore as Nifty heads for worst September in 25 years
The brief
- FIIs sold nearly ₹10,000 crore on Tuesday as the Nifty fell nearly 7% in September so far
- Domestic institutions continued buying
- Foreign outflows pressure Indian equities, while domestic institutional buying offers some support
- FIIs post biggest single-day sell-off in six months; DIIs remain net buyers on September 29
- India solved financial access, now it needs to turn savers into investors: EY
- SIP accounts rise 84% in six years; under-30 investors’ share jumps from 23% to 38%: EY
- EY sees over 100 million Indians joining long-term investing by 2035
- US bond market: Why AI blowout holds key for the Indian stock market?
Indian stocks fall amid oil and geopolitical concerns
Sensex and Nifty traded sharply lower and volatile as oil prices, rising bond yields and geopolitical tensions weighed on sentiment; Sensex later rose 315 points on value buying. FIIs sold ₹11,490.03 crore in equities during the week, while Nifty recorded seven consecutive weekly declines.
Tuesday, 29 September
- FII selling intensifies to nearly ₹10,000 crore as Nifty heads for worst September in 25 years