FIIs invest RS 3,500 cr since budget

FIIs invest RS 3,500 cr since budget


An analysis of FIIs activity shows that overseas investors were the net purchaser of Indian stocks worth Rs 3,499.5 crore during the last week.

FIIs were the gross buyer of shares worth Rs 17,092.1 crore during the week, while they sold equities valued at Rs 13,592.6 crore, resulting in a net inflow of Rs 3,499.5 crore, as per the data available with the Securities and Exchange Board of India (Sebi).

On the Budget day, FIIs booked profit and sold shares worth Rs 351.3 crore, dragging the benchmark indices in the negative zone. The Sebi compiles the trade data one day late.

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