7 Feb 2017

Grab the opportunity

Domestic investors were quick to grab the buying opportunity and are now being followed, cautiously by foreign portfolio investors. The Nifty has added 341 points since our last commentary, adding 4.1% to close at 8741 after trading in a range of 4.6%.  FPIs have progressively invested a net $212mil in cash equities while domestic institutions have bought a net $435mil.

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