FIIs net buy Rs 2,446 crore; DIIs net sell Rs 936 crore on Aug. 4
AI Market Summary
Foreign investors were net buyers in Indian equities while domestic institutions sold, yet benchmarks fell, signaling cautious risk appetite and potential near-term churn. Brent's jump on Middle East uncertainty adds inflation and current-account sensitivity for India. A sharp rise in FCNR-B deposits underscores improved FX funding conditions and reserve support, which can temper currency stress even as equity sentiment remains mixed.
Impact level
● Medium
Affected assets
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AI Insight · NCSINIFTY52USD/USDTAI Insight
● Neutral
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Foreign institutional investors (FIIs) were net buyers in Indian equities on August 4, purchasing shares worth Rs 2,446.47 crore, while domestic institutional investors (DIIs) turned net sellers to the tune of Rs 936 crore. The market closed lower, with the Nifty 50 down 0.57% and the Sensex off 0.58%.
In commodities, Brent crude rose 2.5% to around $85 a barrel amid uncertainty over the U.S.-Iran conflict.
FCNR-B deposits increased by $28 billion between June 5 and July 30, underscoring the impact of the Reserve Bank of India's measures to attract foreign currency inflows.
