Foreign institutional investors (FII) purchased shares worth net Rs 2,073.21 crore, while domestic institutional investors (DII) added shares worth net Rs 4,797.15 crore on December 4, 2023, according to the provisional data available on the NSE.

For the month till December 4, 2023, FIIs sold shares worth net Rs 4,604.84  crore while DIIs bought shares worth net Rs 5,936.27 crore. In the month of November, FIIs added shares worth net Rs 5,795.05 crore while DIIs added equities worth net Rs 12,762.14 crore.

“The benchmark index hits its all-time high following the landslide victory of BJP in elections in three states. It spurred a rally with an anticipation that the country will witness a stable government post the General election. All the sectors have broadly participated in the rally with an optimism that the FIIs will continue its value buying, indicating positive commentary on the Global inflation data and stable domestic Marco economics,” said Vinod Nair, Head of Research at Geojit Financial Services.