Institutional Activity

FIIs: Foreign institutional investors (FIIs) sold Rs 2276.20 crore more shares than they bought from 2 to 12 March 2009. However, daily net sales, which ranged from Rs 450 crore to Rs 600 crore in the four trading sessions from 2 to 5 March 2009, eased substantially in the next three trading sessions from 6 to 12 March 2009. In fact, FIIs were net buyers on 9 March 2009, albeit marginally, with an inflow of Rs 12 crore.

DIIs: Domestic institutional investors (DIIs) bought Rs 2674.06 crore more shares than they sold from 2 to 13 March 2009. DIIs have been absorbing heavy sales by foreign funds in the past one year. However, within DIIs, mutual funds were in a selling mode. Mutual funds sold Rs 621.90 crore more shares than they bought from 2 March 2009 to 12 March 2009.