FIIs net sellers in equities and debt

MUMBAI, SEPT.9. Foreign institutional investors (FIIs) were net sellers in both equities and debt at Rs. 140.6 crores ($ 29.8 million) and Rs. 96.2 crores (Rs. 20.4 million) respectively for the trading week ended September 7.

Mutual funds were also net sellers in equities at Rs. 48.74 crores for the first four trading days ended September 6 but remained net buyers in debt at Rs. 16.95 crores, according to data available with the Securities and Exchange Board of India.

FIIs bought and sold equities worth Rs. 141.9 crores and Rs. 250.6 crores on September 3, thus turning net sellers at Rs. 108.7 crores ($ 23.1 million), the highest for the week.

Foreign funds were net buyers at Rs. 62.6 crores ($ 13.3 million) on September 6, SEBI said.

On the debt side, FIIs were net sellers and net buyers on two days each while they abstained from trading on the last trading week. They indulged only in offloading activity on September 5 (Rs. 43 crores - $ 9.1 million) and September 6 (Rs. 78.5 crores - $ 16.7 million).

MFs were net sellers in equities on all four trading days with the highest being on September 6 at Rs. 18.81 crores followed by Rs. 13.17 crores on September 3.

In case of debt instruments, MFs were net buyers on all trading days expect on September 4 at Rs. 7.40 crores.

- PTI

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