FII Stats for 1st week of FEB:
During the month of Jan, FIIs had already paused any sell-off witnessed in Dec-2016, and continued supporting the EM & occasionally moving from DM to EM.
In light of the budget, positions had lightened in the days(week) preceding the budget but post 1st FEB the EM outlook remains positive with sizeable buying being observed.
DM also have received inflow and therefore the Indian Financial markets as a whole is favourable for investment.
Lets expect inflows to continue along with the uptrend in local indices.
During the month of Jan, FIIs had already paused any sell-off witnessed in Dec-2016, and continued supporting the EM & occasionally moving from DM to EM.
In light of the budget, positions had lightened in the days(week) preceding the budget but post 1st FEB the EM outlook remains positive with sizeable buying being observed.
DM also have received inflow and therefore the Indian Financial markets as a whole is favourable for investment.
Lets expect inflows to continue along with the uptrend in local indices.