FIIs Sell Rs 457 Cr, DIIs Buy Rs 4058 Cr as Indian Equities Rebound

• Foreign Institutional Investors (FIIs) were net sellers of Indian equities worth Rs 457 crore on December 22.
• Domestic Institutional Investors (DIIs) were net buyers, purchasing shares worth Rs 4058 crore on the same day.
• Indian equities extended their rebound for the second consecutive session, with Nifty50 closing 0.8% higher at 26,172.
• IT and Metal sectors led the rally, gaining 2.1% and 1.4% respectively, supported by broader market participation.
• Market optimism driven by potential US Fed rate cuts, Infosys ADRs, and Union Budget expectations for railway and defence stocks.

Why It Matters: DIIs counter FII selling, driving Indian equities rebound amid positive global and domestic cues.