FPIs on continuous selling spree

Net outflow of Rs 536.75 crore on 3 January 2017
Foreign portfolio investors (FPIs) sold stocks worth a net Rs 536.75 crore into the secondary equity markets on 3 January 2017, higher than their net outflow of Rs 318.71 crore during the preceding trading session on 2 January 2017. The net outflow of Rs 536.75 crore on 3 January 2017 was a result of gross purchases of Rs 1863.97 crore and gross sales of Rs 2400.72 crore. On that day, the Sensex had risen 47.79 points or 0.18% to settle at 26,643.24, its highest level since 13 December 2016.
There was an outflow of Rs 16.28 crore from the category 'primary market & others' on 3 January 2017.
FPIs have sold stocks worth a net Rs 1421.49 crore in January 2017 so far (till 3 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 158.19 crore from FPIs from the category 'primary market & others' in January 2017 so far (till 3 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 04 2017 | 4:29 PM IST
