New Delhi
Domestic institutional investors (DIIs) offset heavy foreign institutional investor (FII) selling and supported Indian equities during the week as global sentiment improved after a reported US-Iran ceasefire. FIIs sold Rs 20,710 crore while DIIs bought Rs 21,602 crore, helping benchmark indices rebound more than 5 percent for the week. Retail investors remained active as SIP inflows reached a record Rs 32,087 crore in March, reflecting strong domestic participation. Analysts said easing geopolitical tensions, lower crude prices and short covering boosted risk appetite across markets. Overall benchmark indices closed higher, with Bank Nifty outperforming and recording strong weekly gains. Foreign flows remain volatile amid global cues and earnings outlook ahead uncertain.
DIIs offset FII selling; markets rebound strongly
