FIIs Sell Rs 1172 Cr, DIIs Buy Rs 769 Cr; Indian Equities Dip on Profit Booking

• On December 17, FIIs were net sellers of Indian equities worth Rs 1172 crore.
• DIIs were net buyers, acquiring equities worth Rs 769 crore on the same day.
• Year-to-date, FIIs remain net sellers (Rs 2.79 lakh crore), while DIIs are record net buyers (Rs 7.48 lakh crore).
• Indian equity benchmarks (Sensex, Nifty) closed lower on Wednesday due to global cues, profit booking, and FII selling.
• Most sectors, including financials, realty, and consumer durables, declined, with only PSU Bank index showing gains.

Why It Matters: FIIs sold, DIIs bought, but Indian equities dipped; DIIs provide crucial market support this year.