FIIs return to net buying with ₹200.05cr, domestic ₹3,189.26cr support
Business
After nearly two weeks of selling, Foreign institutional investors (FIIs) finally switched gears and bought Indian stocks again, bringing in net inflows of ₹200.05 crore on Monday.
Domestic investors also pitched in with net purchases of ₹3,189.26 crore, helping steady the market.
Indian markets rally after U.S.-Iran deal
This FII return to net buying, plus a U.S.-Iran deal that eased global tensions and sent oil prices down by over 5%, gave Indian markets a solid boost.
The Sensex jumped 736 points to close at 76,264 and Nifty climbed 231 points to finish at 23,854.
Sectors like oil marketing saw gains while energy producers felt some pressure; overall, more stocks were up than down across the board.