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Who IS BUYING IN THE TOP ?

Last few days ,if you check Share Market going up ,Indian Rupee going down close to all time LOW ,if foreign funds are coming in to the market ,how Rupee go this much down .For that you have to check Investor  Turnover page (click here). Yesterday FII bought 252 cr only ,but DII bought 1118cr of Equity and Derivatives .

Who are DII or Domestic Institutional Investors ?
DIIs include banks, insurance companies, mutual fund houses etc.

So what that means, your insurance and mutual funds are investing at high end of the market.They made this type of investments in 2007 highs too ,those investors NAV didn't came back still now .

What has change compared to 2007 in 2018 ?

In 2007 ,when heavy selling of FII happened ,DII didn't had that much fund to absorb it,  DII's total investment in 2017 at a record of  Rs90,834.80 crore(29 jan 2018 figure)

So What give DII Confidence for Buying ?
Govt coming with  disinvestment plans in Navaratna companies ,Positive Global Markets

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