FPIs Net Sell Staggering Rs 9,700 Crores In The Cash Market

Posted By:
Subscribe to GoodReturns

Foreign Portfolio Investors (FPIs) have net sold a staggering Rs 9,600 crores in the cash market on Friday, data released by the exchanges show.

FPIs Net Sell Staggering Rs 9,700 Crores In The Cash Market
One is not sure, whether this includes any off market trade. However, this is an amount that we not seen anytime in the recent past and is a huge net sell figure.

Following the move by the government to recapitalize some of the banks, we have only seen FPIs buying in the domestic market.

It would be interesting to see the net purchase/sale figure in the next week.

GoodReturns.in

Read more about: fpis
Story first published: Saturday, November 4, 2017, 8:03 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC