FIIs net sellers in both equities and debt mkts

Again on October 17, FIIs were net sellers of Rs 9.5 crore (US $2.1 mn) and a similar trend prevailed next day when they sold equities worth Rs 319.6 crore as against purchases of Rs 209.5 crore resulting in net sale of Rs 110.2 crore (US $24 mn).

However, on October 19, though the Sensex gained 109.20 points, the FIIs net purchases of equities was a meagre Rs 1.4 crore (US $0.3 mn). The next day they were again net buyers worth Rs 42.6 crore (US $9.3 mn) when the sensitive index declined by 10.08 points.

The BSE sensitive index fluctuated widely in a range of 3930.10 and 3491.55 before ending the week at 3692.75 as against last weekend close of 3738.93, netting a moderate fall of 46.18 points.

In the debt market, FIIs were net sellers on October 16 at Rs 19.8 crore (US $4.3 mn), October 17 at Rs 25.5 crore (US $5.6 mn) and on October 19 at Rs 76.6 crore (US $16.7 mn).

FIIs did not buy or sell on the other two days in the reporting week.

The SEBI data on mutual fund purchases/sales for the four days beginning October 16 shows that they were net buyers in equities at Rs 143.57 crore and in debt at Rs 91.64 crore.

MFs were net sellers in equities on October 18, at Rs 14.80 crore while they remained net buyers on all the other three days.