‘FII flows likely to remain volatile’ - Here's what Bajaj Broking’s Pabitro Mukherjee said on equity markets, crude oil prices

On the other hand, domestic institutional investors (DIIs) were net buyers, purchasing Rs 8,640 crore this week.

“Foreign Institutional flows are likely to remain volatile until there is greater clarity on the geopolitical situation and sustained stability in crude oil prices, which will be key to restoring investor confidence and improving the outlook for equity markets,” said Pabitro Mukherjee, Deputy Vice President-Research, Bajaj Broking.

“In the coming week investors will closely track crude oil price movements and developments in the ongoing US-Iran geopolitical tensions. Additionally, the Q1FY27 earnings season will continue to be in focus,” he added.

Market performance overview

The 30-share BSE Sensex declined 331.62 points, or 0.43 per cent, to settle at 76,059.77. During the day, it tanked 916.96 points, or 1.20 per cent, to 75,474.43, the PTI report said.