In a full week of trading, FIIs were net sellers of equity worth Rs 39 Billion, as per provisional figures. DIIs couldn't quite match them, as their net buying in equities totalled Rs 29 Billion.
Sensex lost 1.4% while Nifty lost 1.6% on a weekly closing basis. More ominously for bulls, both indices - looking shell-shocked after the demonetisation of Rs 500 and Rs 1000 bank notes - closed below the 'flag' patterns within which they were correcting since the beginning of Sep '16.
-- Sensex lost 1.4% while Nifty lost 1.6% on a weekly closing basis. More ominously for bulls, both indices - looking shell-shocked after the demonetisation of Rs 500 and Rs 1000 bank notes - closed below the 'flag' patterns within which they were correcting since the beginning of Sep '16.
Read more at:
http://investmentsfordummieslikeme.blogspot.in/2016/11/bse-sensex-and-nse-nifty-charts-nov-11.html
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