FPIs turn sellers

Net outflow of Rs 423.22 crore on 1 June 2017
Foreign portfolio investors (FPIs) sold stocks worth a net Rs 423.22 crore into the secondary equity markets on 1 June 2017, compared with net inflow of Rs 1130.23 crore on 31 May 2017. On that day, the Sensex fell 8.21 points or 0.03% to settle at 31,137.59, its lowest closing level since 29 May 2017.
The net outflow of Rs 423.22 crore on 1 June 2017 was a result of gross purchases of Rs 4545.11 crore and gross sales of Rs 4968.33 crore.
There was a net outflow of Rs 27.59 crore from the category 'primary market & others' on 1 June 2017, which was a result of gross purchases of Rs 2.20 crore and gross sales of Rs 29.79 crore.
FPIs had bought stocks worth a net Rs 2807.24 crore in May 2017. FPIs have purchased shares worth a net Rs 38356.40 crore from the secondary equity markets in calendar year 2017 so far (till 1 June 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.
Also Read
FPIs had purchased stocks worth a net Rs 4904.17 crore from the category 'primary market & others' in May 2017.
FPIs have purchased shares worth a net Rs 12062.11 crore from the category 'primary markets & others' in calendar year 2017 so far (till 1 June 2017). The net inflow from FPIs into the category 'primary markets & others' had totaled Rs 8471.76 crore in calendar year 2016.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jun 02 2017 | 4:25 PM IST
