vinsu said:
Trader123 said:
Hi ..
On Jun5 , MF sold net 4173 Rs m , whereas FII brought net 5710 Rs m . Seems our own MF are the sellers now .. Source - Equity master .
Regards
Vinsu
On Jun5 , MF sold net 4173 Rs m , whereas FII brought net 5710 Rs m . Seems our own MF are the sellers now .. Source - Equity master .
Regards
Vinsu
Sure vinsu. It is MF and FIIs playing show match. What MFs are selling is what they bought in 2004. So in profit.
Similarly what FIIs are selling was bought after oct 2005. Ramp Up and thumps down. Quick buck for the taking.
Now they are buying from unsuspecting public. Soon we will see flailing desi bears being halaled.
The range will be 9500 to 11000 so far. If it falls further some of the vagitarian FIIs ( meaning small time investors from Foreign registered to take advantage of India growth story) will be the last course on the table as desserts.
Checking some bulk /block deal. Will comment on that as soon as possible.
Have a look at file attached in previous post.
Pankaj