Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) continued their buying streak on Friday, reigniting optimism on Dalal Street. According to Zee Business Managing Editor Anil Singhvi, strong economic data and favourable global trends have created a conducive environment for sustained market gains.
FIIs log rare 12-day buying streak
FIIs were net buyers for the 12th straight session the first time in two years infusing Rs 3,200 crore into Indian equities on Friday. DIIs also purchased shares worth Rs 3,300 crore, marking the fifth consecutive day when both FIIs and DIIs were net buyers.
“Excluding the Rs 2,713 crore PNB Housing block deal, FII-DII net buying actually doubles. This kind of coordinated buying hasn’t been seen in a long time,” said Anil Singhvi.
Domestic and foreign funds united in India story
The consistent inflow from both institutional camps is a vote of confidence in India’s economic fundamentals. “Both FIIs and DIIs have a very positive view on Indian markets, thanks to robust macroeconomic data,” Singhvi noted.
Crude oil slides to 3-year low, India stands to gain
Brent crude has fallen to its lowest level since January 2021. This is a major tailwind for the Indian economy, as lower oil prices reduce the import bill and help contain inflation.
“Our target of $55 – 60 per barrel for this year has been met. This is extremely positive for the rupee and for companies in paints, aviation, and OMC sectors,” Singhvi said.
Stocks that could benefit: HPCL, BPCL, Indigo, Asian Paints
The fall in crude is expected to benefit oil marketing companies (OMCs) such as HPCL, BPCL, and IOC, along with aviation firms like Indigo, and paint companies like Asian Paints and Berger Paints. On the other hand, oil explorers like ONGC and Oil India may come under pressure due to lower realisations.
Strong US cues also lifting sentiment
On Wall Street, the Dow Jones and S&P 500 extended their gains for the ninth straight session, a feat not seen in over two decades for the S&P. The rally is being fuelled by strong US economic data and a more conciliatory tone from former President Donald Trump on tariffs and the US Fed.
Tata Motors gets boost from resumed UK-US exports
Auto major Tata Motors has resumed exports from Britain to the US after a month-long pause, another positive development that could aid investor sentiment.
Outlook
With key global and domestic indicators aligning favourably, markets may continue to witness strength in the near term. “The combination of FII-DII buying, falling crude, a stable rupee, and global cues could sustain this momentum,” Singhvi added.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
