FIIs Make Strong Comeback, Drive Market Rally After India-US Trade Deal
Business
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Moneycontrol•03-02-2026, 20:05
FIIs Make Strong Comeback, Drive Market Rally After India-US Trade Deal
- •Foreign Institutional Investors (FIIs) made their largest single-day purchase in four months on Tuesday, buying shares worth ₹5,426 crore.
- •The surge in FII buying followed a positive sentiment generated by the India-US trade deal, where the US reduced tariffs on Indian goods.
- •The BSE Sensex soared by 2,072.67 points (2.54%) to close at 83,739.13, while the NSE Nifty rose by 639.15 points (2.55%) to 25,727.55.
- •Export-dependent sectors like textiles, leather, gems and jewelry, seafood, and specialty chemicals saw strong buying due to improved competitiveness.
- •Domestic Institutional Investors (DIIs) also made net purchases of ₹345 crore, contributing to the market rally.
Why It Matters: FIIs returned to Dalal Street with significant buying, fueling a major market rally post India-US trade deal.
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