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FPIs step up selling of stocks

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Capital Market

Net outflow of Rs 1210.12 crore on 20 January 2016

Foreign portfolio investors (FPIs) have stepped up selling of Indian stocks. FPIs offloaded stocks worth a net Rs 1210.12 crore on 20 January 2016, which was higher than their outflow of Rs 761.43 crore during the preceding trading session on 19 January 2016. The net outflow of Rs 1210.12 crore from the secondary equity markets on 20 January 2016 was a result of gross purchases of Rs 3863.64 crore and gross sales of Rs 5073.76 crore. On that day, the S&P BSE Sensex lost 417.80 points or 1.71% to settle at 24,062.04, its lowest closing level since 15 May 2014.

 

There was a net inflow of Rs 14.27 crore from FPIs into the category 'primary markets & others' on 20 January 2016, which was a result of gross purchases of Rs 25.07 crore and gross sales of Rs 10.80 crore.

FPIs have offloaded shares worth a net Rs 7419.48 crore into the secondary equity markets in this month so far (till 20 January 2016). FPIs sold stocks worth a net Rs 2588.54 crore into the secondary equity markets last month. FPIs offloaded shares worth a net Rs 4362.50 crore into the secondary equity markets in calendar year 2015.

There has been a net outflow of Rs 922.37 crore from FPIs from the category 'primary markets & others' in this month so far (till 20 January 2016). There was an outflow of Rs 228.11 crore from FPIs from the category 'primary markets & others' last month.

The inflow of FPIs into the category 'primary markets & others' stood at Rs 22168.40 crore in calendar year 2015.

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First Published: Jan 21 2016 | 5:48 PM IST

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