FII and DII Trading activity – August 2019
FII and DII Trading activity – August 2019 Last month, the Foreign Investors sold the stocks hugely in the Cash Market. The Government of India had also taken some steps to stimulate the Indian Economy like Changes on Taxation Policies, Announcement on Merger of Public Sector (PSU) Banks and given positive things for the Automotive Industry. However it's impact has not yet been favorable for the Indian Stock Market. For the month of July and August 2019, the Foreign Investors (FII) had sold shares worth more than Rs. 30,000 Crore in two months. In the said two months, the Domestic Investors (DII) had invested more than Rs. 40,000 Crore in the Indian Cash Market. It's a positive sign for the Indian Equity place. The Foreign Investors had a Gross purchase of Rs. 108,529 Crore and a Gross Sales of Rs. 123,358 Crore. So the Net Sales of RS. 14,828 Crore by the FII in the month of August 2019. On the other side, the Domestic investors bought shares, Gross purchase of Rs. 87,205 Cro