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Thursday, September 13, 2007

FII: + Rs 282 Cr; MF + Rs 73 Cr


FII Gross purchases Rs 2392 Cr, Gross sales Rs 2111 Cr, Net Buyers Rs 282 Cr.
MF Gross Purchases Rs 721 Cr, Gross Sales Rs 647 Cr, Net Buyers Rs 73 Cr.

The positive flows despite ranged markets gives some comfort. All eyes are on the Fed decision regarding interest rates. The Mid cap counter continues to attract retail investors. Wait and watch approach is advocated at the moment.