Key Points
Foreign institutional investors (FIIs) sold stocks of Indian companies worth 15,498.91 crore and bought stocks for 13,934.88 crore, resulting in an outflow of 1,564.03 crore, according to NSE data..
Domestic institutional investors (DIIs) bought equities worth 9,313.11 crore and offloaded shares worth 9,322.77.
On Wednesday, foreign institutional investors sold shares worth 79.88crore, while DIIs bought shares worth 1,372.18.
Vinod Nair, head of research at Geojit Financial Services, said: The market took a breather, the investors are in a wait-and-watch mode ahead of the monetary policy announcement..
However, the expectation of a rise in domestic November inflation, drop in Rabi cultivation and increase in foodgrain prices will influence the RBI to adopt a cautious approach in the short-term.".
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