Foreign institutional investors stepped up selling in Indian equities on Wednesday, offloading shares worth ₹10,148.41 crore on a provisional basis, according to exchange data. Domestic institutional investors , meanwhile, continued to provide strong support, recording net purchases of ₹11,271.73 crore.
FIIs bought equities worth ₹14,967.82 crore during the session but sold shares worth ₹25,116.23 crore, resulting in net selling of ₹10,148.41 crore. DIIs bought equities worth ₹24,413.76 crore and sold shares worth ₹13,142.03 crore, resulting in net buying of ₹11,271.73 crore.
The latest fund-flow data shows a sharp divergence between foreign and domestic institutional activity, with DII purchases exceeding FII selling during the session. Combined, FIIs and DIIs recorded net buying of ₹1,123.32 crore during the session. The latest FII selling was higher than Tuesday's net outflow of ₹9,980.22 crore, while DII buying also rose from ₹6,952.71 crore on Tuesday.
Week so farFrom Monday 28 to Wednesday 30 September, FIIs have net sold about ₹ 25,482 crore in equities, and their selling has grown each day, from ₹ 5,353 crore on Monday to ₹ 9,980 crore on Tuesday and ₹10,148 crore on Wednesday. DIIs have net bought about ₹ 23,413 crore over the same period, also rising each day, from ₹5,189 crore to ₹ 6,953 crore and then ₹11,272 crore.
DateFIIDII28 Sep-5,353.225,189.0229 Sep-9,980.226,952.7130 Sep-10,148.4111,271.73Week so far-25,481.8523,413.46Despite the strong domestic institutional buying, the benchmark indices ended lower. The Sensex slipped 49 points to 72,480, while the Nifty fell 96 points to 22,620, failing to hold its recovery and ending below the 22,700 mark.
The Nifty Bank outperformed the broader market, rising 373 points to 54,633, helped by buying in banking heavyweights ahead of quarterly updates. ICICI Bank and Kotak Bank gained around 2% each and supported the market. IT stocks ended largely in the green but came off their day's highs, with Wipro and TCS among the top gainers.
Auto stocks were largely flat, with the Nifty Auto gaining 0.5% ahead of monthly sales numbers. Pharma stocks moved lower, tracking weakness in hospital stocks, with Glenmark falling around 4%. Hospital stocks declined after the Supreme Court questioned steep mark-ups, with some stocks falling as much as 7%.
Insurance stocks also extended losses, with SBI Life, Max Financial and PB Fintech down up to 3%. The BSE ended 3% lower on its first day of inclusion in the Nifty. Among midcap stocks, Solar Industries ended nearly 6% higher, while ICICI Lombard surged 5% following the release of its FY29 guidance.

