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FPIs continue to mop up Indian stocks

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Capital Market

Net purchases of Rs 438.73 crore on 11 March 2016

Foreign portfolio investors (FPIs) continue to mop up Indian stocks. They bought stocks worth a net Rs 438.73 crore on 11 March 2016, as per the latest data released by the depositories. FPIs had made heavy purchases of Rs 1177.48 crore during the preceding trading session on 10 March 2016.

The net inflow of Rs 438.73 crore into the secondary equity markets on 11 March 2016 was a result of gross purchases of Rs 3512.70 crore and gross sales of Rs 3073.97 crore. On that day, the S&P BSE Sensex rose 94.65 points or 0.38% to settle at 24,717.99, its highest closing level since 9 March 2016.

 

There was a net outflow of Rs 0.15 crore from FPIs from the category 'primary markets & others' on 11 March 2016, which was a result of gross purchases of Rs 0.03 crore and gross sales of Rs 0.18 crore.

FPIs have mopped up stocks worth a net Rs 8095.67 crore from the secondary equity markets in this month so far (till 11 March 2016). FPIs sold stocks worth a net Rs 6069.31 crore into the secondary equity markets last month. FPIs have offloaded shares worth a net Rs 8155.57 crore into the secondary equity markets in calendar year 2016 so far (till 11 March 2016). FPIs offloaded shares worth a net Rs 4361.67 crore into the secondary equity markets in calendar year 2015.

There has been a net inflow of Rs 202.95 crore from FPIs into the category 'primary markets & others' in this month so far (till 11 March 2016). There was an inflow of Rs 547.92 crore from FPIs into the category 'primary markets & others' last month.

The net outflow from FPIs from the category 'primary markets & others' has totaled Rs 193.64 crore in calendar year 2016 so far (till 11 March 2016). There was net inflow of Rs 22167.82 from FPIs into the category 'primary markets & others' in calendar year 2015.

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First Published: Mar 14 2016 | 5:33 PM IST

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