Plummeting oil price and a crash in the Chinese stock market continues to spook FIIs, who have been on a selling spree across global markets. Already there is talk about a 2008-like bear market - specially from those experts who propound the 8 years market cycle.
As per provisional figures, FIIs were net sellers of equity worth Rs 4300 Crores last week. Their total sales during the first half of the month has crossed Rs 7600 Crores. DIIs were net buyers of equity worth Rs 3900 Crores last week. Their total buying during the first half of Jan '16 was Rs 5350 Crores.
WPI inflation number for Dec '15 was -0.73%, its 14th straight month of contraction. The revised figures for Nov '15 and Oct '15 are -1.99% and -3.7% respectively. Food inflation rose to 8.17% - its steepest rise in 17 months.
-- As per provisional figures, FIIs were net sellers of equity worth Rs 4300 Crores last week. Their total sales during the first half of the month has crossed Rs 7600 Crores. DIIs were net buyers of equity worth Rs 3900 Crores last week. Their total buying during the first half of Jan '16 was Rs 5350 Crores.
WPI inflation number for Dec '15 was -0.73%, its 14th straight month of contraction. The revised figures for Nov '15 and Oct '15 are -1.99% and -3.7% respectively. Food inflation rose to 8.17% - its steepest rise in 17 months.
Read more at:
http://investmentsfordummieslikeme.blogspot.in/2016/01/bse-sensex-and-nse-nifty-50-index-chart_16.html
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