No, I have closely observed the movement. Its pure buying. No selling at all. Today it was 1 Lot buying every minute or so. In fact, I have got two lots sold in my portfolio.
Sold lots due to algo buying at 212, 252.
Bought back after algo stopped and noise removed of exuberance at sub 200 levels and at 160-ish levels. Today trading at 152.
Algo trading is thus dangerous. I stand by my view that next crash, whenever it happens, will be aggravated solely because of algo automated trades.