FPIs step-up selling

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Capital Market
Last Updated : Jan 09 2017 | 5:13 PM IST

Net outflow of Rs 316.62 crore on 6 January 2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 316.62 crore into the secondary equity markets on 6 January 2017, higher than their net outflow of Rs 39.14 crore during the preceding trading session on 5 January 2017. The net outflow of Rs 316.62 crore on 6 January 2017 was a result of gross purchases of Rs 3510.82 crore and gross sales of Rs 3827.44 crore. On that day, the Sensex fell 119.01 points or 0.44% to settle at 26,759.23, its lowest closing level since 4 January 2017.

There was a net outflow of Rs 1.88 crore from the category 'primary market & others' on 6 January 2017, which was a result of gross purchases of Rs 0.20 crore and gross sales of Rs 2.08 crore.

FPIs have sold stocks worth a net Rs 2469.24 crore in January 2017 so far (till 6 January 2017). They sold stocks worth a net Rs 8960.36 crore into the secondary equity markets in December 2016. FPIs had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There has been a net outflow of Rs 153.74 crore from FPIs from the category 'primary market & others' in January 2017 so far (till 6 January 2017). There was a net inflow of Rs 784.07 crore from FPIs into the category 'primary market & others' in December 2016. The net inflow from FPIs into category 'primary markets & others' had totaled Rs 8471.76 crore in calendar year 2016.

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First Published: Jan 09 2017 | 4:52 PM IST

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