The Indian stock market closed higher on July 30, with the benchmark indices gaining modestly. The Sensex advanced 273.55 points, a 0.35% rise, to finish at 77,928.15. The Nifty moved up 66.95 points, a 0.28% increase, ending at 24,317.15.
Foreign institutional investors (FIIs) were net buyers, purchasing shares worth Rs 3,624 crore. Domestic institutional investors (DIIs) sold shares worth Rs 1,864 crore on the day. Over the last three trading sessions, FIIs have consistently been net buyers.
During the session, DIIs bought shares worth Rs 17,980 crore and sold Rs 19,844 crore. FIIs bought shares worth Rs 17,432 crore and sold Rs 13,808 crore, showing a net purchase of Rs 3,624 crore.
Year‑to‑date, FIIs have sold nearly Rs 3.43 lakh crore of shares, making them net sellers for the year. In contrast, DIIs have bought Rs 4.90 lakh crore, making them net buyers for the year.
The biggest gainers on the Nifty were Maruti Suzuki, Eicher Motors, Mahindra & Mahindra, Coal India, and Tech Mahindra. The biggest losers included Adani Ports, Shriram Finance, HDFC Life, UltraTech Cement, and Jio Financial.
Among sectoral indices, Nifty Auto was the top performer, rising 1.6%. Nifty Realty was the worst, falling 2%.
Vinod Nair, Head of Research at Geojit Investments, said the Fed’s decision to keep rates unchanged was expected but hawkish due to inflation concerns. He added that rising US bond yields and oil price volatility added pressure for a future rate hike, keeping global investors cautious. He also noted that stronger FII inflows, a firmer rupee and a good first quarter of FY27 helped support sentiment, making dips attractive buying opportunities.