This is a very weird market. Some of the recent IPOs doing well. Old gen stocks not so much. This doesn't augur that well really - needs a trigger to take it back up

One look at the FII data, and god, they are selling like crazy, you would think. But THEY ARE NOT.

FPI data from NSDL (This is the accurate source, not the exchanges) shows that FIIs have put in a whopping 27,000 cr. into IPOs, while taking money out of other stocks.

In fact FII investments in total have been very very high in 2021 with over 95,000 cr. invested. Biggest year for Debt since 2017.

Here's a look at how the Foreign Investors have been investing:

Be careful if you hear tips asking you to buy DHFL. The nclt has approved the resolution plan, where I believe the plan is for the shares to be written off to zero. Piramal will then get new shares. Today's shares will have zero value, beware.

Please read:

Meanwhile, today, 21 lakh shares traded at upper circuit. This will do good as a coin - DHFLCOIN - and go to the moon.