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Monday, January 15, 2007

FII & MF Figures


FII Gross purchases Rs 2633.10 Cr Gross Sellers Rs 2426.10 Cr Net Buyers Rs 45.50 Cr.
MF Gross Purchases Rs 1087.24 Cr Gross Sellers Rs 450.14 Cr Net Buyers Rs 637.10 Cr

Our View:

Thats a big dampener to see the FII numbers. Markets had a huge run up on Friday of over 400 points. The MFs were buyers and they seem to be turning the tide now. But Indian market sentiment is driven by FIIs and this low FII number is certainly not heartening.