The Indian stock market surged on Friday as the Reserve Bank of India (RBI) delivered a surprise rate cut, prompting Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) to turn net buyers.
🔴 Key Highlights:
- FIIs made net purchases worth ₹1,009 crore, buying shares worth ₹15,208 crore while selling ₹14,198 crore.
- DIIs were significantly more active, making net purchases worth ₹9,342 crore, after buying shares worth ₹22,522.51 crore and selling ₹13,180 crore.
- The Nifty 50 closed at 25,003, while Bank Nifty ended at 56,578, reacting positively to the RBI’s dovish policy surprise.
- The RBI slashed the repo rate by 50 basis points and cut the Cash Reserve Ratio (CRR) by 100 basis points, exceeding market expectations.
📢 Market Experts Speak:
- Hrishikesh Yedve, AVP – Technical & Derivative Research at Asit C. Mehta Investment Intermediaries: “The Nifty formed a big bullish candle on both daily and weekly charts, signaling strength. As long as it holds above 24,500, a buy-on-dips strategy is advisable.”
- Analysts predict further upside, with Bank Nifty breaking key resistance levels, setting near-term targets of 57,500 and medium-term potential towards 58,500.
⚠️ Strategic Impact:
- Rate-sensitive sectors rallied, including banking, real estate, and auto stocks, while defensive plays like FMCG and pharmaceuticals remained subdued.
- Despite Friday’s inflows, FIIs remain net sellers in 2025, with outflows totaling ₹1.24 lakh crore, while DIIs have acted as a stabilizing force, with cumulative net purchases nearing ₹3 lakh crore year-to-date.
👉 What do you think? Will the RBI’s policy shift sustain the market rally? Drop your thoughts in the comments!
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