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Friday 29 November 2013

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Foreign institutional investors extended their selling spree inIndian stock futures to a fourth day on Friday, totalling sales of Rs 1,020 crore, as per regulatory and exchange data.


The selling in stock futures is seen alongside overseas investors selling cash shares worth Rs 42.83 crore over the previous two sessions to snap a 32-day buying streak that had totalled Rs 23,884 crore.


The Indian markets have moved in tandem with its global peers and witnessed see-saw trades during the last fortnight. With the picture of Indian politics getting clear by next 15 days it is better to keep your fingers crossed and buying of good stocks on dips is advisable.


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