FIIs SELL Indian equities, DIIs buy

By: |
Updated: December 8, 2015 1:20:50 AM

In November, foreign institutional investors pulled out $1 billion from Indian equities, while domestic institutional investors and mutual fund invested $1.3 billion and $ 0.7 billion, respectively.

In November, foreign institutional investors pulled out $1 billion from Indian equities, while domestic institutional investors and mutual fund invested $1.3 billion and $ 0.7 billion, respectively. Insurance firms had invested as annualised first-year premium of life insurance companies grew 50% in October. Much of the insurance industry’s growth was because of increasing ULIP sales, which has been driving up ticket size. Also, equity mutual funds saw inflows for 19 consecutive month in November. In equity funds, assets of exchange traded funds have seen inflows after the Employee Provident Fund Organisation decided to invest 5% of its incremental inflows in the equity markets through ETFs.

Gr6

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition