Sensex snaps losing streak as DIIs outbuy FIIs
pre-market1 source ↓machine-written, see hownot a recommendation
- 72,383
- 22,556
- of equities
- ₹4,699 cr
Indian stocks rebounded on 05 Oct 2023, with the Sensex rising 473 points to 72,383 and the Nifty gaining 134 points to 22,556. This recovery was supported by easing rate-hike bets and steady crude prices. Notably, domestic institutional investors (DIIs) outpaced foreign institutional investors (FIIs), who sold ₹4,699 cr of equities. 📈
• Easing rate-hike expectations boosted market sentiment.
• Crude prices steady after OPEC+ maintained output targets.
• Gold prices increased amid softer US Fed rate hike outlook.
Not investment advice. For informational purposes only.