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Thursday, November 30, 2006

FII: - Rs 335 cr & MF - Rs 269 cr


FII Gross purchases Rs 1895 Cr Gross Sellers Rs 2230 Cr Net Sellers Rs 335 Cr
MF Gross Purchases Rs 404 Cr Gross Sellers Rs 673 Cr Net Sellers Rs 269 Cr

Provisional figures Net negative 241. Clearly there is selling happening and the euphoria is being used by the FIIs to takeprofits. This does not indicate that markets have turned..its just that money should be taken off the table. Markets may tend to be choppy on FNO closing..