FPIs Turn Net Sellers Again

Posted By:
Subscribe to GoodReturns
For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Foreign Portfolio Investors (FPIs) have turned net sellers all over again and have pressed sales for the last 4 days on the trot.

    FPIs Turn Net Sellers Again
    On April 19, they turned net sellers once again net selling in the cash segment to the tune of Rs 673 crores. Again, domestic institutions have supported the market with net purchases.

    The selling pressure continues, as tensions between North Korea and the US continue.

    FPIs are unwilling to take a risk at the current levels and have hence resorted to sales, with geo-political tensions rising. Domestic institutions on the other hand are flush with funds and hence they continue to purchase in the cash segment. 

    The markets have risen sharply in the last few months and domestic institutions have sold on every rally. At the moment it is highly possible that they resort to further selling with the Nifty at a new peak. 

    GoodReturns.in

    Read more about: fpis
    Story first published: Thursday, April 20, 2017, 10:00 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more