Domestic institutional investors News
According to data from the National Stock Exchange (NSE), DIIs invested a total of Rs 3,54,861.75 crore in Indian equities between January 1 and June 25 this year.
This sustained DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs 102,931 crore (till October 24).
FPIs have been investing in Chinese stocks which are cheap even now. Now all eyes will be on Infosys results next week and management commentary on revenue growth guidance.
Stocks consolidated further on Friday as absence of any big trigger forced investors' hand to stay cautious, with both Sensex and Nifty closing on a flat note with a positive leaning.
The broader NSE Nifty ended up by 13.70 points, or 0.14 percent, at 9,929.90, after moving between 9,964.85 and 9,917.20.
Capital market regulator Sebi will work on developing a liquid and vibrant corporate bond segment to make the Indian securities market a "good source" of debt financing, its chairman Ajay Tyagi said.
Continuing with their bullish stance on India for the second month, domestic institutional investors (DIIs) pumped in more than Rs 4,500 crore in equity markets in May.
Foreign portfolio investors (FPIs) pared their stake in BSE-200 firms to USD 305 billion during October-December quarter, with heavy selling in technology, consumers and pharmaceuticals sectors, a report said.
Loading...