India’s domestic institutions made their largest purchase of local stocks in four months on Thursday, providing a cushion to markets reeling from President Donald Trump’s escalation of tariffs.
Local funds bought a net 108.6 billion rupees ($1.2 billion) of shares, offsetting foreign outflows and helping the benchmark NSE Nifty 50 Index close slightly higher. Large sell downs in Kotak Mahindra Bank Ltd. and Eternal Ltd. also spurred domestic mutual funds and insurers to step in as key buyers in the two block deals.
ETMarkets.com
Domestic institutions have consistently supported the market during downturns in recent years. In 2025 alone, they’ve bought shares worth about $50 billion, dwarfing the more than $11 billion in net sales by foreign investors.
ETMarkets.com
ETMarkets.com