The FII data does not seem to show a very bullish picture. In-fact it is very confusing. Can some one please elaborate how come FII have been the net sellers in the Derivatives for the past so many days. Are they building the short positions or what ?
And also in the cash segment, MF's have been continuous sellers for a long time and FII have not done any remarkable buying in the May series so far. Just 1200 crore on 9 May is an exception to this trend.
If FII and MF both are not huge buyers, then who the hell is buying like mad in the markets and making the stock prices zoom to new highs ?
Please share your views.
Thanks
And also in the cash segment, MF's have been continuous sellers for a long time and FII have not done any remarkable buying in the May series so far. Just 1200 crore on 9 May is an exception to this trend.
If FII and MF both are not huge buyers, then who the hell is buying like mad in the markets and making the stock prices zoom to new highs ?
Please share your views.
Thanks