<b>Street signs:</b> DIIs cash in on HDFC Bank rally

According to data from BSE, FIIs bought shares of Rs 8,000 cr and DIIs sold shares worth Rs 5,200 cr

DIIs cash in on HDFC Bank rally 

On Friday, when HDFC Bank shares shot up 9.5 per cent as foreign institutional investors (FIIs) scrambled to increase their stake in the bank, domestic institutional investors (DIIs) were

quick to profit from the trade. According to the provisional data from the Bombay Stock Exchange, FIIs bought shares of Rs 8,000 crore while DIIs sold shares worth Rs 5,200 crore. Market players said, most of these deals took place in the HDFC Bank counter. “FIIs bought HDFC Bank shares in the spot market and sold them in futures whereas DIIs followed the