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Tuesday, January 16, 2007

FII & MF Figures


FII Gross purchases Rs 2610.70 Cr Gross Sellers Rs 2849.60 Cr Net Sellers Rs 238.90 Cr.
MF Gross Purchases Rs 553.28 Cr Gross Sellers Rs 449.77 Cr Net Buyers Rs 103.51 Cr.


Our View:

Thats a big negative.. FIIs have not been buyers and that is likely to weigh on sentiment. FIIs still impact sentiment and this negative will have its impact..