FIIs and DIIs buy Indian equities as Sensex drops 353 points
In short
On October 28, FIIs bought ₹871.83 crore of equities and DIIs bought ₹643.35 crore on a provisional basis. Even so, the Sensex fell 353 points and the Nifty ended near 22,700.
This matters because it shows buying interest in Indian stocks on a weak day. The report says IT stocks were under pressure, but it does not say why.
What the reporting says
FIIs bought ₹871.83 crore of equities and DIIs bought ₹643.35 crore on October 28, even as the Sensex fell 353 points and the Nifty ended near 22,700. The provisional market data, reported by CNBC TV18 Market, shows domestic and foreign investors were net buyers on a weak trading day. The report also says IT stocks remained under pressure, but it does not state the exact cause.
Why it matters
On October 28, provisional data showed FIIs and DIIs turning net buyers of Indian equities, with purchases of ₹871.83 crore and ₹643.35 crore respectively, while the Sensex fell 353 points and the Nifty ended near 22,700. The report also notes continued pressure on IT stocks. The immediate implication is mixed market sentiment: buying support was present, but broader indices still closed lower.