Search Now

Recommendations

Tuesday, November 13, 2007

FIIs in selling mode


Outflow of Rs 286.90 crore on 9 November 2007

Foreign institutional investors (FIIs) sold shares worth net Rs 286.90 crore on Friday, 9 November 2007, compared to their buying of Rs 37.70 crore on Wednesday, 7 November 2007.

FIIs outflow of Rs 286.90 crore on 9 November 2007 was a result of gross purchases of Rs 4366.10 crore and gross sales Rs 4653 crore. The 30-shares BSE Sensex provisionally ended down 287.80 points or 1.51% to 18,771.13 on that day.

FII inflow in calendar year 2007 totaled Rs 70,503.30 crore (till 9 November 2007).

There are a total of 1,147 FIIs registered with the Securities & Exchange Board of India (Sebi).