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Stock Market Insights: FIIs and DII’s Drive Indian Stock Exchange Performance in 2021

BySamantha Jones

May 16, 2024
Latest updates on Stock Market, Economy, and Finance News including Sensex, Nifty, Global Market, NSE, BSE Live IPO News

In the stock market, FIIs sold shares worth Rs 776 crore and DIIs bought shares worth Rs 2,128 crore. Despite this, the Nifty and Sensex ended the day with a rise. The Nifty Consumer durables sector was the top gainer, increasing around 1.7 percent, followed by Nifty IT and Nifty Realty. Additionally, Nifty FMCG saw a gain of 0.8 percent, with Nifty Bank and Auto both up by 0.6 percent each. However, the Nifty PSU Bank index fell by 0.88 percent.

Throughout the year so far, FIIs have sold shares worth Rs 121,826 crore while DIIs have purchased shares worth Rs 185,038 crore. The stock market has seen impressive growth in 2021 with the Nifty rising by a whopping 21.4 percent and Sensex advancing by a respectable 17.26 percent.

The gains made by various sectors have varied throughout the year so far. The Consumer durables sector has been one of the top performers with an increase of approximately 1.7 percent in value on average from January to June. The IT sector has also performed exceptionally well with an increase of around 0.9 percent on average during this period.

Despite this progression in some sectors, there have been some notable declines as well. For example, the PSU Bank index has fallen by around 0.88 percent since January.

Overall, it is clear that investors are still optimistic about India’s economic future as they continue to invest heavily in its stock market despite some fluctuations in specific sectors throughout the year so far.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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