FII: - Rs 415 cr, MF + Rs. 348 cr

FII Gross purchases Rs 3048.70 Cr Gross Sellers 4693 Cr Net Sellers Rs 1644.30 Cr.
MF Gross Purchases Rs 1224.73 Cr Gross Sellers Rs 981.25 Cr Net Buyers Rs 243.48 Cr.

Our View:

These numbers reflect the selloff and the global disenchantment with emerging markets. The budget did not help at all. Provisional sell figure of over 400 crores for FIIs means more cautious note tomorrow.. though the closing momentum of today may be seen tomorrow as well in the early session.