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FPIs extend recent selling streak

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Capital Market

Net outflow of Rs 105.61 crore on 10 January 2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 105.61 crore into the secondary equity markets on 10 January 2017, lower than their net outflow of Rs 385.48 crore during the preceding trading session on 9 January 2017. The net outflow of Rs 105.61 crore on 10 January 2017 was a result of gross purchases of Rs 3597.89 crore and gross sales of Rs 3703.50 crore. On that day, the Sensex rose 173.01 points or 0.65% to settle at 26,899.56, its highest closing level since 10 November 2016.

There was a net outflow of Rs 7.62 crore from the category 'primary market & others' on 10 January 2017, which was a result of zero gross purchases and gross sales of Rs 7.62 crore.

 

FPIs have sold stocks worth a net Rs 2960.33 crore in January 2017 so far (till 10 January 2017). They had 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 161.30 crore from FPIs from the category 'primary market & others' in January 2017 so far (till 10 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 11 2017 | 4:46 PM IST

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