FPIs press heavy selling for second day in a row

Net outflow of Rs 1035.04 crore on 15 January 2016

Foreign portfolio investors (FPIs) resorted to substantial selling of Indian stocks for the second day in a row as per data released by the depositories. FPIs offloaded stocks worth a net Rs 1035.04 crore during the previous trading session on Friday, 15 January 2016. This compares with their outflow of Rs 1152.74 crore during the preceding trading session on 14 January 2016.

The net outflow of Rs 1035.04 crore from the secondary equity markets on 15 January 2016 was a result of gross purchases of Rs 3176.15 crore and gross sales of Rs 4211.19 crore. On that day, the S&P BSE Sensex lost 317.93 points or 1.28% to settle at 24,455.04, its lowest closing level since 30 May 2014.

There was a net inflow of Rs 0.17 crore from FPIs into the category 'primary markets & others' on 15 January 2016, which was a result of gross purchases of Rs 0.20 crore and gross sales of Rs 0.03 crore.

FPIs have offloaded shares worth a net Rs 4499.70 crore into the secondary equity markets in this month so far (till 15 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 18.81 crore from FPIs from the category 'primary markets & others' in this month so far (till 15 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.

Powered by Capital Market - Live News