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FIIs turn net buyers

After what seems like an eternity, FIIs were net buyers in the CM at NSE to the tune of Rs 900 crore. Heck, they even bought a lot of index futures yesterday.

Compare that to their relentless selling this month (SEBI data):

Reporting Date Debt/Equity Gross Purchases(Rs Crores) Gross Sales(Rs Crores) Net Investment (Rs Crores) Net Investment US($) million at month exchange rate
01-OCT-2008 Equity 4203.10 4118.60 84.50 21.00
Debt 255.10 289.90 (34.90) (8.60)
03-OCT-2008 Equity 1969.80 2254.00 (284.20) (70.50)
Debt 34.10 0.00 34.10 8.50
06-OCT-2008 Equity 2785.30 3831.30 (1046.00) (259.30)
Debt 88.90 178.70 (89.80) (22.30)
07-OCT-2008 Equity 1995.20 3116.60 (1121.40) (278.00)
Debt 187.00 95.70 91.40 22.70
08-OCT-2008 Equity 2797.60 3345.70 (548.10) (135.90)
Debt 149.30 59.50 89.80 22.30
10-OCT-2008 Equity 3016.70 3864.40 (847.70) (210.10)
Debt 58.10 241.10 (182.90) (45.40)
13-OCT-2008 Equity 3959.00 6282.20 (2323.20) (575.90)
Debt 204.10 956.20 (752.10) (186.50)
14-OCT-2008 Equity 3150.80 3993.00 (842.20) (208.80)
Debt 403.50 779.90 (376.40) (93.30)

Phew. I guess we’re headed to 4200 then. :)

More on this topic (What's this?)
A Case Study on Reducing Debt (Financial Armageddon, 10/8/08)
A Caution When Investing In Companies With High ROEs (Disciplined Approach to Investing, 12/14/08)
US Considering Backing Bank Debt (naked capitalism, 10/9/08)
Trading system equity performance (The Essentials of Trading, 12/26/08)
Read more on Debt, Equity at Wikinvest

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