Indian equities ended with huge gains Wednesday as FIIs returned back as buyers across the board after US Federal Reserve hinted of fresh stimuli to boost the economy.
Indices opened on a firm note and gained momentum as the session progressed. Later positive opening of European markets pushed the indices above psychological resistance levels. This also forced traders to cover their shorts which propelled the indices further.
“Today’s sharp rally was aided by FIIs flows and also due to short-coverings. One should trade market with lot of caution. The way it has moved up it can snap anytime. Play for short-term but play with clear cut stop-loss and play in momentum stocks. This is not the right time for investors,”said Ambareesh Baliga,
http://economictimes.indiatimes.com/markets/stocks/market-news/Sensex-ends-485-points-up-strong-global-cues/articleshow/6742218.cms
| FII trading activity on NSE and BSE on Capital Market Segment | |||||||||||||||||
| The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 13-Oct-2010. | |||||||||||||||||
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| Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment | |||||||||||||||||
| The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 13-Oct-2010. | |||||||||||||||||
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