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Updated: April 22, 2025 06:09
Foreign Institutional Investors (FIIs) have been in a strong revival in Indian equity markets, marking net purchases of almost Rs 2,000 crore on April 21, 2025. Based on the latest information, FIIs purchased equities of value Rs 11,711.72 crore and sold shares of Rs 9,741.55 crore, thus creating a strong net inflow of Rs 1,970.17 crore. This rise in FII flows comes on the heels of positive Q4 earnings and revived investor confidence, pushing benchmark indices to new highs.
Sensex rallied by 855 points, and Nifty settled above 24,100 as the rally witnessed was on the back of positive sentiments fueled by sharp uprisings in banking, finance, and some technology stocks. The growth is touted to be driven by sustained foreign inflows, better corporate earnings, and a favorable macroeconomic scenario. Domestically, institutional investors (DIIs) were also active participants but with a lower net buying.
This fresh FII interest is viewed as a welcome sign for the Indian markets, which could be laying the groundwork for consistent momentum in the next few weeks. The investors are now eagerly waiting for global cues and quarterly earnings announcements to take cues.
Source: Moneycontrol