Funds offload in November - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Funds offload in November

Dec 1, 2000

The markets were jittery for most of November 2000. The impact this hand on funds is for all to see.

There were only 7 instances (out of 21 trading days) in November 2000 when fund managers made net purchases. These amounted to Rs 11 m. Barring these instances, fund managers sold during the month. Gross sales during the month amounted to over Rs 55 m.

The selling was spurred by falling markets, with fund managers offloading stocks in an attempt to cut losses. However, when the Sensex did climb during the month, fund managers made moderate purchases. This seems to indicate that funds continue to time the market. Significant selling during the month could also be linked to redemption requests.

Equitymaster requests your view! Post a comment on "Funds offload in November ". Click here!


More Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

5 Indian Companies Embracing Blockchain Technology (Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms