Quarterly Results Ahead May Move Markets, FIIs Sell, DIIs Buy

Foreign Institutional Investors (FIIs) remained net sellers on Wednesday, offloading equity worth ₹735.83 crore, while Domestic Institutional Investors (DIIs) turned net buyers, acquiring ₹704.93 crore of shares.

The net outflow from FIIs reflects cautious sentiment as global markets held steady, with the Dow Jones gaining 0.29% and the Nasdaq rising 0.62% in the previous session. Meanwhile, Asian exchanges displayed a patchwork of performance – Tokyo, Shanghai and Seoul closed red, whereas Hong Kong, Bangkok and Jakarta ended in the green.

With a wave of corporate earnings set to be announced in the next few days, market participants are likely to react sharply to the quarterly results. The current limited range suggests a waiting game, where the direction will be dictated by company‑specific news and broader macro‑economic cues.

Investors are advised to monitor earnings releases closely, as they could reshape the short‑term trajectory of both the Sensex and the Nifty.