FII: + Rs204 Cr, MF -Rs 145 Cr

FII Gross purchases Rs 2704 Cr, Gross Sellers 2500 Cr, Net Buyers Rs 204Cr.
MF Gross Purchases Rs 517 Cr Gross Sellers Rs 663 Cr Net Sellers Rs 145 Cr
Provisional figures were - Rs 24 Cr..
Our View:

Expect market to be ranged based on these numbers. FII figures have finally started to come in positive and thats a sentimental positive. 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.