While FPIs have sold a net ₹2.87 trillion so far this calendar year, according to National Securities and Depository Ltd (NSDL) data, domestic institutions, led by mutual funds, have net purchased ₹5.05 trillion shares over the same period, per BSE. However, DII buying slowed to ₹35,099.25 crore in July from ₹85,800.14 crore in June owing to some profit booking, Joshi added. As of Friday, FPIs held cumulative net short index futures positions of 173,113 contracts, down from 256,410 contracts at the end of June.
