Monday, 8 April 2013

FIIs infuse Rs 639 cr in Apr, sell-off likely in coming days

Overseas investors have poured in Rs 639 crore into Indian equities during the first week of the current fiscal, but experts fear a possible sell-off in the coming days amid political and economic worries.
From April 2-5, Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 14,378 crore, while they sold equities amounting to Rs 13,739 crore -- a net investment of Rs 639 crore (USD 118 million), as per Sebi data.
The net inflow is despite the fact that FIIs sold equitiesin 3 of the 4 days.for more visit :

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