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Wednesday, January 10, 2007

FII: - Rs 3076 cr, MF - Rs 148 cr


FII Gross purchases Rs 1385.30 Cr Gross Sellers Rs 4461 Cr Net Sellers Rs 3075.70 Cr.
MF Gross Purchases Rs 564.69 Cr Gross Sellers Rs 712.99 Cr Net Sellers Rs 148.30 Cr
Provisional figures FII Buy value Rs 2644.13 cr Sell Value Rs 3005.16 cr Net Sell Value Rs 361.03 cr.

Our View:

Thats the I-flex open offer subscription included in the big negative figure for yesterday. So really the actual number is more likely to be around 700 cr negative. What will matter is the numbers for today..
Todays numbers would include a bulk deal of Gujarat Ambuja so the sell figure is likelyto be higher. All in all not conducive for the markets.