FIIs Sell ₹1,403 Cr as Nifty Struggles Near 24,000 Despite Intraday Recovery | Market Insights May 29, 2026

FIIs Sell ₹1,403 Cr as Nifty Struggles Near 24,000 Despite Intraday Recovery | Market Insights May 29, 2026

In today’s episode of Indian Market in Minutes from Motilal Oswal Research Desk, host Shivangi Sarda Malpani brings you everything you need to know from the world of finance. Markets witnessed a volatile trading session as Nifty opened flattish and moved higher in the first half but failed to sustain above the crucial 24,000 mark. FIIs remained net sellers with outflows of ₹1,403 Cr, while DIIs continued their buying support with inflows of ₹3,821 Cr. Follow this podcast for daily market updates and solid trading advice.

In today’s episode of Indian Market in Minutes from Motilal Oswal Research Desk, host Shivangi Sarda Malpani brings you everything you need to know from the world of finance.

Markets witnessed a volatile trading session as Nifty opened flattish and moved higher in the first half but failed to sustain above the crucial 24,000 mark. FIIs remained net sellers with outflows of ₹1,403 Cr, while DIIs continued their buying support with inflows of ₹3,821 Cr.

Follow this podcast for daily market updates and solid trading advice.

[00:00:00] Welcome to Indian Market in Minutes from Motilal Oswal Research Test. We will be covering technical and derivatives, SII's activity, index, actionable sectors and stocks to watch out. So stay tuned till the end.

[00:00:21] Hey, this is your host Shivangi Sardamalpani and to start with our first segment for Friday 29th May 2026, Nifty Index opened flattish and surged higher in the first half of the session. However, it failed to cross 24,000 marks and sunk lower thereafter. It was later followed by some recovery towards the end. It formed a bullish candle on the daily frame with longer upper shadow, indicating lack of follow-up buying.

[00:00:49] India Wix was down by 7.1% to 14.98. Nifty Put-Call Ratio decreased to 1.02. Option data suggests a broader trading range in between 23,500 to 24,300, while immediate range could be in between 23,700 to 24,100.

[00:01:10] Moving on to the second segment in the equity cash market, FIIs were net sellers to the tune of 1,403 crores, while DIIs were buyers worth 3,821 crores. FIIs' index long-shot ratio decreased to 16%. Going ahead with the index actionable,

[00:01:32] Devittivs data in price setup suggest Nifty has to hold above 23,900 for the next up move towards 24,250 marks, while on the downside, support can be seen at 23,700. Bank Nifty has to cross and hold above 55,000 for the next up move towards 55,500 marks, while on the downside, support can be seen at 54,250.

[00:02:00] And finally, talking about the sectors and stocks to watch out, positive setup can be seen in Cummins, Exide Industries, Tube Investments, ABB, CG Power, Siemens, Nalko, OFSS and Samman Capital. While some weakness could be seen in ONGC, MCX, ITC, BDL, HDFC Bank, Oro Pharma and Infosys. Wish you super times ahead. Shivangi Sarda Malpani signing off.

[00:02:29] As we wrap up this season of Indian Market in Minutes, a heartfelt thank you to each one of you from the Modilal Oswal Research Desk for making us a part of your daily market journey. Your support, trust and continued patronage have truly made this show what it is today. Until next season, stay informed, stay invested and keep growing with the markets.

[00:03:05] Investment and securities market are subject to market risk. Read all the related documents carefully before investing.