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After Market & FII Data Analysis 07.08.2020

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FII continued their buying spree, with Net buy of 397.32 Crores, taking their cumulative buy figures near to 10 thousand cores in August 2020. While DIIs continued to be Net seller.

Market closed almost flat! Nifty managed to close above 11,200 while mid & small-caps shine today as well

The S&P BSE Midcap index rose 1.4 percent and the S&P BSE Smallcap index that was up 0.78 percent.

Indian markets rose for the fourth consecutive day on August 7 but ended flat, with the Nifty staying above the crucial 11,200-mark and small & midcap stocks generating interest.

The S&P BSE Sensex rose 15 points to close at 38,040 while the Nifty50 ended 13 points higher at 11,214.

For the week ended August 7, the Nifty rose 1.2 percent while the Sensex closed with gains of 1.1 percent.

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