In this blog post, we’ll be analysing the recent market activity involving Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs), as well as notable movements of Group ‘A’ stocks on May 30, 2023.
DII and FII/FPI Activity
On May 30, 2023, the market witnessed the following trends:
- DIIs had a net sell value of ₹438.93 crores, with their total buy value standing at ₹5,937.03 crores and their sell value at ₹6,375.96 crores.
- FIIs/FPIs, on the other hand, had a net buy value of ₹2,085.62 crores. They bought equities worth ₹9,789.47 crores while their sell value was ₹7,703.85 crores.
Notable Stock Movements
Several Group ‘A’ stocks displayed significant gains. Here are some of the key highlights:
- Dilip Buildcon Ltd. saw the largest percentage change with an increase of 19.98%, taking the closing price from ₹169.15 to ₹202.95.
- Eureka Forbes experienced a substantial boost as well, with an increase of 12.97%, raising its stock price from ₹401.05 to ₹453.05.
- Jindal Saw had a 10.26% growth, with its stock price moving from ₹193.55 to ₹213.40.
- ISGEC Heavy Eng gained 9.31%, moving its stock price from ₹538.30 to ₹588.40.
- Hikal Ltd. witnessed an 8.60% increase, taking its stock from ₹283.15 to ₹307.50.
- Other significant gains were recorded by:
- Ujjivan SmallFinance, up by 7.56% to ₹36.69.
- Ujjivan Financial, up by 7.49% to ₹370.05.
- Marksans Pharma, up by 6.99% to ₹81.02.
- AIA Engineering, up by 6.95% to ₹2,985.00.
- Birla Corporation Ltd., up by 6.73% to ₹1,091.75.
- Aurobindo Pharma, up by 6.44% to ₹650.55.
Concluding Remarks
This day in the stock market was marked by strong FII/FPI buying activity and selling pressure from DIIs.
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