How has the FII buying and selling been like in the month of May 2020 till date?

May looks better than April and definitely better than March in terms of FII flows. There was some respite in the month of May with Foreign Portfolio Investors (FPIs) infusing Rs.15,958 crore into the markets in the first week of May. This included an infusion of Rs.18,637 crore into equities but an outflow of Rs.2679 crore from debt. It needs to be remembered that the equity inflow number includes the block deal in Hindustan Unilever shares between Glaxo and SOCGEN, where SOCGEN was the bulk buyer. The good news is that the selling pressure from FPIs is nowhere close to March or April.