Day Trading Stocks & Futures

travi

Well-Known Member
FIIs selling..it is reported that they have sold stocks worth Rs 2 billion in last few days.

Smart_trade
If you remember, something related to ADRs also came out last year or before that. How much Indian money has been round-tripping in the guise of FII in stock market is also another big mystery.

Probably that is why non-corporates like Trusts etc are being targeted from what I think.
Kale dhan ki kahi na kahin safai ho rahi hai, and this will have collateral damage.
 

Riskyman

Well-Known Member
FIIs selling..it is reported that they have sold stocks worth Rs 2 billion in last few days.

Smart_trade
But surprising to see INR still firm at 68.50 levels. Means that money going out of stocks maybe going elsewhere i.e debt? or They are just sitting on cash to deploy it at lower level. If there were repatriations, it should have reflected in the currency like we saw in 2016.
 

Similar threads