FIIs, DIIs – Sailing in same direction !!!
Most of the time, FIIs & DIIs act contrary to each other in Indian Equity Market. But, Aug-14 happens to be the month where both type of Institutional player were Buyer. And more importantly, of the similar magnitude.
Following are the 11 instances (out of 90 months), where FIIs & DIIs, both were buyer. At most of the instances market took a big leap.
Following are the 10 months after those months, when FII & DII, both were Buyer. Market rallied on 4 occasions and fell on 6 occasions.