FPIs continue selling

Net outflow of Rs 469.97 crore on 2 May 2017
Foreign portfolio investors (FPIs) sold stocks worth a net Rs 469.97 crore from the secondary equity markets on 2 May 2017, compared with net outflow of Rs 1127.24 crore on 28 April 2017. On that day, the Sensex had risen 2.78 points or 0.01% to settle at 29,921.18, its highest closing level since 27 April 2017. The stock market was closed on 1 May 2017, on account of a local holiday.
The net outflow of Rs 469.97 crore on 2 May 2017 was a result of gross purchases of Rs 5543.29 crore and gross sales of Rs 6013.26 crore.
There was a net inflow of Rs 136.73 crore into the category 'primary market & others' on 2 May 2017, which was a result of gross purchases of Rs 139.11 crore and gross sales of Rs 2.38 crore.
FPIs sold stocks worth a net Rs 1645.32 crore in April 2017. They had bought stocks worth a net Rs 29480.37 crore in March 2017.
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FPIs have purchased shares worth a net Rs 33244.94 crore from the secondary equity markets in calendar year 2017 so far (till 2 May 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.
There was a net inflow of Rs 4039.81 crore from FPIs into the category 'primary market & others' in April 2017. They had bought stocks worth a net Rs 1425.63 crore from the category 'primary market & others' in March 2017.
FPIs have purchased shares worth a net Rs 7334.36 crore from the category 'primary markets & others' in calendar year 2017 so far (till 2 May 2017). The net inflow from FPIs into the category 'primary markets & others' had totaled Rs 8471.76 crore in calendar year 2016.
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First Published: May 03 2017 | 4:21 PM IST
