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Wednesday, March 21, 2007

FII: - Rs 250 cr, MF + Rs 33 cr...


Mkt Sources:

FII Gross purchases Rs 1057 Cr, Gross Sellers 1306 Cr, Net Sellers Rs 249 Cr.
MF Gross Purchases Rs 242 Cr, Gross Sellers Rs 208 Cr, Net Buyers Rs 33 Cr.
Our View:

FIIs sellers for yesterday is a surprise. Markets had jumped yesterday and there was hope that this was on the back of FIIs being buyers. But not to lose hope.. The futures buying and selling has its impact.. All in all, expect markets to be ranged...