Mkt Sources:
FII Gross purchases Rs 3257 Cr Gross Sellers Rs 3482 Cr Net Sellers Rs 225 Cr.
MF Gross Purchases Rs 1063.85 Cr Gross Sellers Rs 1063.10 Cr Net Buyers Rs 0.75 Cr.
Our View:
This is pre budget profit booking... Expect the market to trade weak and volatile till budget... The rally after budget depends upon how the FM tackles the major issues... (Inflation and agriculture growth)...