FIIs net sellers in equities and debt

MUMBAI, NOV. 18. Foreign institutional investors (FIIs) were net sellers in equities and debt at Rs. 112 crores ($23.3 million) and Rs. 83.5 crores ($17.3 million) respectively for the trading week ended November 16.

Mutual funds were, however, net buyers both in equities and debt. In equities, MFs were net buyers to the extent of Rs. 18.91 crores while netting massive purchases of Rs. 229.92 crores in debt instruments, according to the data available with the Securities and Exchange Board of India (SEBI).

FIIs were net sellers on all the four trading days. They recorded their highest net sales of Rs. 46.7 crores ($9.7 million) on November 14 followed by Rs. 33.8 crores ($7 million) on the previous day.

On the debt front, foreign funds were net buyers at Rs. 12 crores ($2.5 million) on November 12, the first day of the week. They were net sellers at Rs. 77.5 crores ($16.1 million) on November 14 while abstaining from any activity the next day.

MFs were net buyers in stocks on November 13 and 14 at Rs. 15.83 crores and Rs. 4.54 crores respectively.

- PTI

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