A week into the union budget, trade data around foreign portfolio investors (FPIs) and mutual fund investors suggest that the latter were on a buying spree while FPIs were net sellers in five out of seven traded days.

As net sellers for Rs 4,885.2 crore worth of equities , between Feb. 1 to Feb. 9, 2018, FPIs paved way for mutual funds to be net equity buyers to the tune of Rs 3,643.19, until Feb. 8, 2018. (Owing to reporting lag, the mutual funds' investment data with SEBI is updated with delay.)

When contrasted to similar post-budget period in 2017, FPIs were net buyers in equity to the tune of Rs 370.36 crore last year, between Feb. 1 and Feb. 9, 2017, while mutual funds bought nearly three times net equity worth Rs 1065.02 crore, between Feb. 1 and Feb. 8, 2017.