Nifty and Sensex Closing Figures
On Thursday, November 14, 2024, the Nifty index closed at 23,533, marking a decline of 26 points. Meanwhile, the Sensex recorded a drop of 111 points, finishing at 77,580. This slight downturn in both indices reflects the market’s cautious sentiment amid ongoing global economic uncertainties.
Gift Nifty Trading Insights
As of 7:30 a.m. today, the Gift Nifty was trading at 23,508, indicating a potential continuation of the downward trend observed previously. Observers are keen to monitor further fluctuations in the international markets, as these may impact local trading behavior throughout the day.
Foreign and Domestic Institutional Activity
The trading activity of institutional investors also played a significant role in shaping the market landscape yesterday. Foreign Institutional Investors (FIIs) net sold equities in cash, totaling Rs. 1,850 crore, signaling a cautious approach towards Indian equities. On the contrary, Domestic Institutional Investors (DIIs) provided a counterbalance by purchasing equities worth Rs. 2,482 crore. This divergence in trading strategies highlights the differing market outlooks between local and foreign players.