Search Now

Recommendations

Monday, April 02, 2007

FII: + Rs 840 cr, MFs -Rs 84 cr


Mkt Sources:

FII Gross purchases Rs 2922.80 Cr, Gross Sellers Rs 2082 Cr, Net Buyers Rs 840.88 Cr.
MF Gross Purchases Rs 297.18 Cr, Gross Sellers Rs 380.88 Cr, Net Sellers Rs 83.70 Cr.

Our View:

Thats a big plus in FII buying.. But that needs to be taken into account with the FII figures in FNO as well.. However with the increase in CRR the equation has changed, and it would be important to note the activity of the FIIs post the CRR hike.