July 25 was a month of market-wide correction, nearly all indices closed in red for the month with Nifty 50, midcap and smallcap indices losing 2.8% – 3.6% in July. FIIs were net sellers in July (-47k cr) after a streak of 4 months of being net buyers.”
“The domestic inflows remained resilient with DIIs supporting the market with net buying of more than 60k cr. IT, Defence, Media and Realty Indices were some of the biggest underperformers, primarily on the valuation concerns
