FII: + Rs. 395 cr, MF -Rs. 384 cr

Mkt Sources:

FII Gross purchases Rs 2757 Cr, Gross Sellers 2361 Cr, Net Buyers Rs 395 Cr.
MF Gross Purchases Rs 482 Cr Gross Sellers Rs 867 Cr Net Sellers Rs 384 Cr.

Our View:

FII figures have finally come in positive and thats a sentimental positive. Look for a strong start tomorrow. MFs were sellers and thats some worry. MFs may see more selling ahead of advance tax as corporates pull out money from the markets This week will be lacklustre on the back of this liquidity outflow to meet advance tax date of March 15th.