Should be Higher

FIIs return to Street in style, inflow nears Rs 40K-cr-mark-Market News-Stocks-Markets-The Economic Times

The rough equivalence is that $1 billion in foreign equity buying or selling delivers a 1.5% price change in the index.

Last week foreign buying was $1.5 billion while the index rose only .7% or 1/4 the expected 3%.

Domestic sellers are lurking