A number of traders prefer to track Fiis sales and purchase, however at times following Fiis Sale – Purchase strategy may backfire and one need to be cautious while doing such an exercise.
Fiis are presently bullish on banking, cement and construction material and pharmaceutical stocks as in 2010-11. However, they prefer private sector banks to public sector banks now.
One has to be very dynamic as data is time sensitive as it will change with time.