FIIs, DIIs Net Sell on Feb 1: Markets Plunge Amid Budget Session Volatility

• Foreign Institutional Investors (FIIs) net sold Indian equities worth Rs 588 crore on February 1.
• Domestic Institutional Investors (DIIs) also net sold shares worth Rs 683 crore on the same day.
• The market was open for a special trading session due to the Union Budget 2026.
• Sensex dropped 1,546.84 points (1.88%) to 80,722.94, and Nifty fell 495.20 points (1.96%) to 24,825.45.
• Broader indices underperformed, with Nifty Midcap down 2.2% and Nifty Smallcap down 2.8%; most sectors ended in red.

Why It Matters: FIIs and DIIs were net sellers on February 1, leading to a significant market decline during the Budget session.