FPIs step up buying

Net purchases of Rs 1887.42 crore on 18 March 2016

Foreign portfolio investors (FPIs) continue to mop up Indian stocks. They bought stocks worth a net Rs 1887.42 crore on Friday, 18 March 2016, which was sharply higher than their purchases of Rs 960.40 crore during the preceding trading session on 17 March 2016.

The net inflow of Rs 1887.42 crore into the secondary equity markets on 18 March 2016 was a result of gross purchases of Rs 7158.50 crore and gross sales of Rs 5271.08 crore. On that day, the S&P BSE Sensex jumped 275.37 points or 1.12% to settle at 24,952.74, its highest closing level since 6 January 2016.

There was a net inflow of Rs 0.43 crore into the category 'primary markets & others' on 18 March 2016, which was a result of gross purchases of Rs 150.08 crore and gross sales of Rs 149.65 crore.

FPIs have mopped up stocks worth a net Rs 12883.57 crore from the secondary equity markets in this month so far (till 18 March 2016). FPIs sold stocks worth a net Rs 6069.31 crore into the secondary equity markets last month. FPIs have offloaded shares worth a net Rs 3367.67 crore into the secondary equity markets in calendar year 2016 so far (till 18 March 2016). FPIs offloaded shares worth a net Rs 4361.67 crore into the secondary equity markets in calendar year 2015.

There has been a net inflow of Rs 170.65 crore from FPIs into the category 'primary markets & others' in this month so far (till 18 March 2016). There was an inflow of Rs 547.92 crore from FPIs into the category 'primary markets & others' last month.

The net outflow from FPIs from the category 'primary markets & others' has totaled Rs 225.94 crore in calendar year 2016 so far (till 18 March 2016). There was net inflow of Rs 22167.82 from FPIs into the category 'primary markets & others' in calendar year 2015.

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