Foreign investors have increased confidence in the Indian market, purchase of 25 thousand crores in 10 days

According to the data of the last 10 days, where on one hand foreign investors have increased buying in the market. On the other hand, domestic investors have focused on profit-booking.

FII’s purchases in Indian markets

Once again foreign investors on Indian markets ie FII Trust seems to be increasing. Foreign investors for the past few days stock market I am shopping a lot. If the market is to be believed, the trust of foreign investors has increased in companies giving good results. At the same time, in the midst of recession around the world, they are increasing investment here due to the signs of continuing growth in India.

The special thing about this whole equation is that domestic investors are currently reaping profits amid the purchases of foreign investors. According to the data of the last 10 days, where on one hand foreign investors have increased buying in the market. At the same time, domestic investors have reduced their stake.

25 thousand crore rupees purchase in 10 days

According to a news of ET, in 10 sessions between October 21 and November 7, FIIs have invested Rs 24,900 crore in the market. Out of this too, the highest purchase has been in the first two days of November. In these two days alone, FIIs have invested more than half of this amount. On November 1, FIIs invested Rs 6916 crore. At the same time, on November 2, the amount of investment was around Rs.62 hundred crores.

Apart from this, foreign investors had also invested Rs 3500 crore on 28 October. On October 21, October 31 and November 7, the number of foreign investors’ purchases was above Rs 1500 crore.

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Domestic investors book profits

On the other hand, domestic investors have seen profit-booking during this period. In 10 days, except one day, domestic investors made net selling on all other days. That is, the value of sale was higher than that of purchase. According to the data given in the report, except on October 25, when domestic investors had bought Rs 873 crore, DII has sold shares worth Rs 6780 crore in nine sessions with sell-offs. DII sold more than one thousand crore rupees on 27 October, 31 October and 2 November.

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