Mkt Sources:
FII Gross purchases Rs 3246 Cr, Gross sales Rs 5469 Cr, Net Sellers Rs 2222 Cr.
MF Gross Purchases Rs 640 Cr, Gross Sales Rs 792 Cr, Net Sellers Rs 151 Cr.
Our View:
Thats a huge negative figure for the FIIs and markets had reacted accordingly.This will cetainly put pressure on markets for tomorrow however a lot depends on the provisional figures today. The US markets will be closed for tomorrow for Thanksgiving so, there are unlikely to be negatives from there.All in all fingers crossed for tomorrow...
FII Gross purchases Rs 3246 Cr, Gross sales Rs 5469 Cr, Net Sellers Rs 2222 Cr.
MF Gross Purchases Rs 640 Cr, Gross Sales Rs 792 Cr, Net Sellers Rs 151 Cr.
Our View:
Thats a huge negative figure for the FIIs and markets had reacted accordingly.This will cetainly put pressure on markets for tomorrow however a lot depends on the provisional figures today. The US markets will be closed for tomorrow for Thanksgiving so, there are unlikely to be negatives from there.All in all fingers crossed for tomorrow...
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