| Retail, HNIs net buyers; FIIs net sellers |
| BS Research / Mumbai January 22, 2008 |
| Clients -- including retail investors and high networth individuals (HNIs) -- and domestic financial institutions (FIs) were net buyers on the bourses during the current meltdown that began after January 8, 2008. Together, they invested Rs 13,581 crore during the last 10 trading days. On the other hand, foreign financial institutions (FIIs -- which were affected by the US sub-prime crisis), domestic mutual funds (which have pressure to perform from their investors) and portfolio management services, were net sellers. These three major players, with a combined cross (buy and sell) turnover of Rs 247,975 crore in the last 10 days, sold securities worth Rs 13,394 crore. On their part, clients were net buyers of shares worth Rs 6,571 crore on both the BSE (accounting for Rs 2,159 crore) and NSE (Rs 4,412 crore). The total gross turnover by clients since January 8 aggregated Rs 302,505 crore |
