FII SEE 5150 LEVELS IN NIFTY TO BUY ?
FII brought continuously in second trading section above 700cr in Cash.But reduce in volume in past two weeks clearly shows retail investors are not seeing this level to buy. This week's sensex up 3.7% and Nifty up 3.8%. BSE Midcap index was up 2.5%, BSE Smallcap index up 2.9% over the week. BSE Metal index was up 6.7%, BSE Oil & Gas index up 4.6%. BSE Bankex index was up 4.3%, BSE Realty up 3.7%, BSE Consumer Durables index up 3.3%, BSE IT index up 2.6% and BSE FMCG index up 2.3%.
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