SGX Nifty March 2026 futures increased by 82.50 points, indicating a positive start for the Nifty 50 today.
Institutional Flows:
On 05 March 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 3,752.52 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 5,153.37 crore in the Indian equity market. The foreign institutional investors have divested shares amounting to Rs 15,800.81 crore in March (up to 05 March 2026). This comes after their cash sales of Rs 6,640.78 crore in February and Rs 41,435.22 crore in January 2026.
Global Markets:
On Friday, the Asian market exhibited a mixed performance, reflecting the losses seen on Wall Street overnight, while the ongoing conflict in Iran has led to an increase in energy prices. On the commodity exchanges, oil prices surpassed the $80 per barrel threshold, with Brent futures recently recorded at $84.17. Increased uncertainty was observed in global trade as New York Attorney General Letitia James, along with the leading prosecutors from 23 other states, initiated another lawsuit aimed at obstructing President Donald Trump’s global tariff policies. This follows the ruling by the U.S. Court of International Trade on Thursday, which determined that companies are eligible for tariff refunds related to Trump’s duties that were invalidated by the Supreme Court.
On Wall Street, stocks continued their downward trend Thursday following a brief pause, as worries regarding the Iran conflict intensified once more. The Dow Jones Industrial Average fell by 784.67 points, representing a decrease of 1.61%, closing at 47,954.74. The S&P 500 decreased by 0.56%, closing at 6,830.71, and the Nasdaq Composite saw a decline of 0.26%, ending at 22,748.99.
Domestic Market:
The domestic equity market made gains on Thursday, breaking a three-session losing streak, bolstered by increases in Reliance Industries and Larsen & Toubro as global risk appetite showed signs of recovery after a significant sell-off caused by the Middle East crisis. The benchmarks experienced a significant drop since Friday, following the US-Israel strikes on Iran, which led to an increase in crude oil prices and raised concerns about inflation.
The Nifty closed above the 24,750 level, driven by increases in metal, consumer durable, and auto stocks. The S&P BSE Sensex rose by 899.71 points, equivalent to 1.14%, reaching a total of 80,015.90. The Nifty 50 increased by 285.40 points, which is a rise of 1.17%, reaching a total of 24,765.90. The 50-share index experienced a decline of 3.99% over the last three sessions.