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FII selling eases during second half of Feb 28


FIIs: Net selling in the cash market approx. ₹12,000 crore so far while Net buying by DII was to the tune of ~ ₹18,000 crore.
Financial Services Sector: While FIIs have been net sellers, the pace of selling slowed in February. Outflows stood at ₹1,647 crore in the second half and total in Feb ₹6,991, significantly lower than ₹24,949 crore worth of selling in January.
Automobile sector witnessed the highest foreign outflows worth ₹3,279 crore in the second half of the month, after offloading ₹690 crore in the first half.
Healthcare saw net outflows of ₹2,996 crore (initial buying of ₹1,534 crore in the first haf, followed by heavy selling).
FMCG: FIIs offloaded ₹7,000 crore worth of shares in Feb month.
Telecommunication Sector saw highest FPI inflows of ₹5,661 crore in the second half, after investing ₹2,337 crore in the first half largely due to Bharti block deal
Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
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