I’ve a basic doubt. I see that today (23/2/2015) FII net baought 602 cr. and DII sold net 163 cr, still the nifty is down 78 points. Do we need to see more info to see the reason for nifty down move??
I guess FII net buy value was concentrated more on non Nifty stocks. Experts correct me if I am wrong.
Just looking at FII/DII numbers as a reason for markets going up or down, is not the right way to trade the markets. There have been times where both FII and DII have been buying, but markets have gone down. FII/DII also get it wrong quite often, so assuming that they are always right is a misnomer.