New Delhi, October 17, 2026 (Yes Punjab News)
Foreign institutional investors (FIIs) turned net buyers of Indian equities worth Rs 1,166 crore on Friday as selling pressure eased sharply and market sentiment improved, analysts said on Saturday.
Despite the Friday reversal, FIIs remained net sellers for the ninth consecutive week. Their net weekly selling, however, declined to Rs 8,991 crore from Rs 30,294 crore in the previous week.
Domestic institutional investors (DIIs) continued their buying streak for a ninth straight week, recording net purchases worth Rs 7,813 crore, although they were net sellers of Rs 3,661 crore on Friday.
Month-to-date, DII net buying stood at Rs 48,168 crore, nearly matching FII net selling of Rs 48,769 crore and helping absorb the foreign outflows.
“The sharp moderation in FII selling and Friday’s reversal in flows suggest sentiment is stabilising, though elevated crude keeps the recovery vulnerable,” analysts said.
Investors are closely tracking the movement in Brent crude prices and developments involving the United States and Iran. Domestically, attention is on second-quarter FY27 corporate earnings and the Reserve Bank of India’s Monetary Policy Committee (MPC) minutes, due mid-week.
The minutes are expected to provide further insight into the reported 4-2 split over the shift towards a calibrated-tightening stance.
Indian benchmark indices rebounded strongly during the week, with the Nifty extending its recovery for a second consecutive week. A firmer rupee and easing US 10-year Treasury yields supported market sentiment, although Brent crude trading near $105 per barrel kept inflation and external-risk concerns alive.
After finding buying support near the 22,300 level following a weak start, the Nifty gained momentum through the week. It closed above 23,000 on Friday at 23,146.15, its highest level of the week, registering a 2.8 per cent weekly gain.
The index is now 2.3 per cent above its September-end close of 22,620.45 and 4.1 per cent higher than its October 8 closing low of 22,231.80.
Earlier in the week, another report had attributed continued pressure on Indian markets to persistent FII selling amid concerns over inadequate monsoon rainfall, rising crude and agricultural commodity prices, elevated bond yields and the intensifying US-Iran conflict.
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