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Below the Quote on FPI By Dr. V K Vijayakumar , Chief Investment Strategist, Geojit Financial Services & Alchemy Capital Management 

"Recent activity shows a change in FII strategy in India. After relentless selling FIIs turned buyers during a few days last week with a big buy figure of Rs 3255 crores through the exchanges on 21st March. The intensity of FII selling had started declining earlier. The total FII selling in March through 21st March stood at Rs 31718 crores. The trend of FII buying in debt continued with total debt investment of Rs 10955 crores in March through 21st. The recent reversal in FII selling has turned the market sentiments for the better, facilitating a rally in the market for the week ended 21st March. It can be argued that positive domestic fundamentals like pick up in growth and decline in inflation coupled with weakness in the dollar have contributed to the change in FII strategy."

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