FIIs Offload ₹1,602 Cr as Nifty Drops 0.5% Amid Crude Rise
FIIs net sell ₹1,602 crore while DIIs inject ₹17,320 crore as Nifty dips 0.5% amid geopolitical tension.
NEW DELHI — Indian equity markets experienced heightened volatility this week as Foreign Institutional Investors (FIIs) reverted to net sellers, offloading equities worth ₹1,602 crore. In sharp contrast, Domestic Institutional Investors (DIIs) maintained an uninterrupted buying spree, injecting ₹17,320 crore across all five trading sessions to absorb foreign capital outflows and stabilize benchmark indices.
The sudden shift in foreign capital flows snapped a three-week streak of net FII buying. Market analysts noted that institutional activity displayed severe intra-week whipsaws, driven by rising crude oil prices hovering above $92 per barrel and escalating geopolitical tensions between the United States and Iran.
| Institutional Investor Category | Weekly Net Flow (Aug 17–21) | Month-to-Date Net Flow (August) | 30-Day Cumulative Flow (Jul 20–Aug 21) |
| Foreign Institutional Investors (FIIs) | -₹1,602 crore (Net Sellers) | +₹2,510 crore (Net Buyers) | +₹1,282 crore (Net Buyers) |
| Domestic Institutional Investors (DIIs) | +₹17,320 crore (Net Buyers) | +₹34,370 crore (Net Buyers) | +₹48,390 crore (Net Buyers) |
Market Performance: Nifty Retains 24,200 Support
The benchmark Nifty 50 traded within a narrow range with a corrective bias, starting the trading week on a weak note and touching an intra-week low of 24,026. A late-week short-covering rally in domestic financial and automobile counters helped the index recover from weekly lows, settling at 24,252—down 0.5 percent on a weekly closing basis.
