In the week between March 6th to 10th, global markets will play a key role in dictating the domestic equities, especially the performance in the Wall Street. Further, foreign institutional investors flow along with IIP data will also have a take on markets.
FIIs who have continued to sell since February 22nd, 2023, have cumulatively sold around ₹10,474.01 crore from Indian equities. At the same time, DIIs have consistently invested in the market for the past six days with a cumulative inflow of ₹11,698.79 crore.
Domestic equities are in red since February 17th. From the last time when markets were in green which was February 16, Sensex has erased 1,855.58 points and Nifty 50 has dipped by 570.05 points in six trading sessions.