For the month of Oct '16, FIIs were net sellers of equity worth Rs 57.7 Billion. DIIs were net buyers of equity worth Rs 79.1 Billion, as per provisional figures. During the two days of trading this week, FIIs net sold equity worth Rs 7.9 Billion while DIIs were net buyers of equity worth Rs 6 Billion.
The spat between the recently removed Chairman and the board of directors of Tata Sons seems to be getting uglier by the day, with charges and counter-charges flying back and forth in the media. That has kept bullish sentiments depressed in the stock market.
The latest news of Trump narrowing the gap with Clinton in opinion polls about the forthcoming US elections dampened bullish sentiments even more. That caused widespread selling across global stock markets and a rush to the safe haven of gold.
-- The spat between the recently removed Chairman and the board of directors of Tata Sons seems to be getting uglier by the day, with charges and counter-charges flying back and forth in the media. That has kept bullish sentiments depressed in the stock market.
The latest news of Trump narrowing the gap with Clinton in opinion polls about the forthcoming US elections dampened bullish sentiments even more. That caused widespread selling across global stock markets and a rush to the safe haven of gold.
Read more at:
http://investmentsfordummieslikeme.blogspot.in/2016/11/nifty-chart-midweek-technical-update.html
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