Net outflow of Rs 678.20 crore on 11 January 2017
Foreign portfolio investors (FPIs) sold stocks worth a net Rs 678.20 crore into the secondary equity markets on 11 January 2017, higher than their net outflow of Rs 105.61 crore during the preceding trading session on 10 January 2017. The net outflow of Rs 678.20 crore on 11 January 2017 was a result of gross purchases of Rs 3934.44 crore and gross sales of Rs 4612.64 crore. On that day, the Sensex rose 240.85 points or 0.9% to settle at 27,140.41, its highest closing level since 10 November 2016.
There was a net outflow of Rs 7.25 crore from the category 'primary market & others' on 11 January 2017, which was a result of gross purchases of Rs 1.59 crore and gross sales of Rs 8.84 crore.
FPIs have sold stocks worth a net Rs 3638.53 crore in January 2017 so far (till 11 January 2017). They had sold stocks worth a net Rs 8960.36 crore into the secondary equity markets in December 2016. FPIs had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.
There has been a net outflow of Rs 168.55 crore from FPIs from the category 'primary market & others' in January 2017 so far (till 11 January 2017). There was a net inflow of Rs 784.07 crore from FPIs into the category 'primary market & others' in December 2016. The net inflow from FPIs into category 'primary markets & others' had totaled Rs 8471.76 crore in calendar year 2016.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
