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Below the Quote on weekly commentary and FII Flows and activity by Bajaj Broking Ltd

This week witnessed a pivotal shift as Foreign Institutional Investors (FIIs) snapped a prolonged dry spell to emerge as net buyers, amounting to Rs33.86 billion. This reversal was characterized by a distinct, alternate-day rhythm-with FIIs ramping up exposure on Monday, Wednesday, and Friday-culminating in an explosive surge of Rs48.59 billion on Friday alone, heavily catalyzed by passive fund realignments during the FTSE quarterly rebalancing. Conversely, Domestic Institutional Investors (DIIs) reinforced their role as the market's resilient bedrock, with net buy of Rs71.09 billion over the week according to provisional exchange data; interestingly, DIIs sustained a relentless buying streak across every single trading session before tactically stepping back on Friday to absorb the influx of global capital.

Benchmark Indices extended up move for the second week in a row as optimism surrounding the US-Iran peace deal, a decline in crude oil prices below the $80 mark, a sharp recovery in the Indian Rupee, and supportive global cues collectively fuelled buying interest during the week.

Nifty started the week on a positive note and rallied to intra-week high of 24,189 on Thursday session. However, some profit booking on Friday’s session saw the index gave up some of its weekly gains and closed the week at 24,013 levels up by 1.7%. Broader market outperformed with Nifty Midcap and small cap index closing higher by 2.9% and 3.2% respectively.

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