FII and DII Trading activity – October 2019

FII and DII Trading activity – October 2019


At the end of October 2019, Nifty was closed at 11,877 Points and the Bombay Stock Exchange (BSE) Sensex was at 40,129 Points. Despite the Indian Stock Market Boom in the month of October, many more stocks are still attractive.

It is best to find good companies based on Fundamentals and invest in them. The Market is waiting for the next correction. Whether it is short or long, it will depend on the upcoming Market related news.

Quarterly results (Q2FY20) of the many companies have been released till date. Most companies have retained its profits this time, only because of the Corporate Tax Cut. The upcoming December Quarter (Q3FY20) will reveal how the Sales growth of the Festive Season was.

There are 20 Trading days in the month of October 2019, both FII and DII were the Net buyers for the month which was seen as a Positive for the Indian Stock Market. The Foreign investors had a net purchase of Rs. 8595 Crore and the Domestic investors had worth of Rs. 4758 Crore.

Out of 20 trading days, the FII had a Net sales for the 10 Trading days where the most of the Negative days are happened in the beginning of the month. On the other side, the domestic investors had sold their shares for the 8 Days.

The FII had done their biggest net purchase of the month on 30th October 2019, shares worth Rs. 7,192 Crore and for the DII came on 16th October with an amount of Rs. 1,605 Crore.

In the upcoming days, we will try to look at some of the Companies Q2FY20 earnings and its Fundamentals. Over the next few weeks, we will see if the market touches a new peak or make a down trend without retaining 12,000 Points on Nifty50.

Kindly share your views / comments with a smile :)

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