Business IdeasFII-TO-FII TRADES: PNB traded at 5% premium
Trades between FIIs generated a volume of Rs 30 crore on the BSE Wednesday-an decrease of 44.03% from Rs 54 crore clocked on Tuesday. As many as five stocks witnessed trades of 3.47 lakh shares on Wednesday.
- FIIs net bought Rs 5 crore in F&O on Wednesday - Strong support at 5,180 - Take a long-term view on contra moves - Strong support at 5,180 - State Bank of Hyderabad net up - Capital inflow surge, rupee rise to weigh on RBI policy action
Punjab National Bank was traded at highest premium of 4.94% on BSE with 11,448 shares changing hands at Rs 973.55 as against the spot price of Rs 927.70.
Scrip
FII Close*
FII shares#
Spot Close@
Premium To spot price %
BSE
Punjab Nat Bank
973.55
11448
927.70
4.94
Grasim Ind
2783.00
35507
2695.85
3.23
Maruti Suzuki
1460.00
68198
1456.95
0.21
Bank of India
390.00
226494
389.45
0.14
NSE
Punjab Nat Bank
971.00
5000
928.45
4.58
* FII-Close is the closing price of the scrip under FII-to-FII trades
# FII-Shares is the total number of shares traded under the FII-to-FII trades
@ Spot close price is the closing price in the cash market
Grasim Industries was traded at second highest premium of 3.23% on BSE with 35,507 shares changing hands at Rs 2,783 as against the spot price of Rs 2,695.85.