FII-TO-FII WATCH: Volume dips

 FII-to-FII trade means when a stock hits the FII ceiling set by companies, fresh buying by FIIs are capped.  An FII, however, can always buy from another FII within the overall limit. The special counters (The 6 Lakh Series on the BSE) take care of the inter-FII trades.

 What happened on Wednesday?

 Volume was lacklustre in FII trades with only 19 lakh shares valued at Rs 103 crore changing hands yesterday.

 SBI was traded at a premium of 16% on the BSE with 2,115 shares traded at Rs 1,137 when compared with the spot close of Rs 983.15.

 Bank of Baroda was traded at a premium of 3.91% with 48,796 shares traded at Rs 235 as against the spot price of Rs 226.15.

 

FII-TO-FII TRADES
Scrip	FII  Close*	FII shares#	Spot Close@	Premium To spot price %
BSE
SBI	1137.00	2115	983.15	15.65
Bank of Baroda	235.00	48796	226.15	3.91
Indraprastha Gas	138.00	124816	133.10	3.68
Bharti Tele-Ven	405.00	795044	394.20	2.74
HPCL	325.00	170204	318.05	2.19
Tata Steel	528.00	339696	522.10	1.13
PTC India	59.50	50000	59.10	0.68
ICICI Bank	600.00	234219	598.05	0.33
BHEL	2157.00	137433	2149.95	0.33
NSE
SBI	1137.00	2601	984.00	15.55
* FII-Close is the closing price of the scrip under FII-to-FII trades # FII-Shares is the total number of shares traded under the FII-to-FII trades @ Spot close price is the closing price in the cash market