FII Outlook of Indian Markets

Everyone knows that the FII are quick at selling off their position in the indian stock markets. Up till now everone only had anecdotal evidence of this. Now we have the latest report on FII movements of the Japaneese Fund Managers in the Indian stock market.

Reports of 31st May shows that the Japanesse investors sold net $ 200 mill to $ 300 mill. The major FII seller were Nomura Capital, HSBC Japan and Meryll Lynch Emerging markets fund. When asked the reason for this selling they said that the Fund is reducing its positions and holding cash for a while. This could be induced by the Global correction witnessed arround the globe from Latin America, Europe to Asia.