Ease of doing business is another propaganda in our country. In June this year - Flex, formerly Flextronics decides to set up a big manufacturing facility in Andhra Pradesh. What's fascinating - it's now considering to abandon that plan due to India's famed bureaucracy .
FII/FPI & DII Activity (CM) Date: 20th November 2018
FII / FPI : NET SELL(-) OF Rs. 753.17 Crores DII : NET SELL(-) OF Rs. 44.06 Crores
All sell today.
Foreign I (never made money since 2008) Investor
DII Domestic I ( am stuck at 11800) Investor
FPI (Foreign Pita hua Investor)
RII Retail I ( am going back to FD) investor
Foreign I (never made money since 2008) Investor
DII Domestic I ( am stuck at 11800) Investor
FPI (Foreign Pita hua Investor)
RII Retail I ( am going back to FD) investor
SPX 500 futures broke the low of 2670. Now trading at 2656. Next supports at 2635 levels.
US Dollar also seems to be gaining good ground after bouncing off from 96 levels. 96 was previous resistance now trying to act support.
WTI down another 2% today.
Will be interesting to see how the US market opens.