The Indian stock market has evolved significantly over the past few decades, transforming into a dynamic ecosystem of retail investors, High Net-Worth Individuals (HNI), Domestic Institutional Investors (DII), and Foreign Institutional Investors (FII). Notably, DIIs have risen in prominence, now holding almost an equal percentage of market share as FIIs. This shift in market structure signals the growing influence of domestic capital. However, one element remains unchanged—market volatility, still largely driven by the swift actions of FIIs.