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Friday, December 28, 2007

FIIs step up buying


Inflow of Rs 2420.50 crore on 26 December 2007

Foreign institutional investors (FIIs) bought shares worth net Rs 2420.50 crore on Wednesday, 26 December 2007, compared to their buying of Rs 167.40 crore on Monday, 24 December 2007.

FIIs inflow of Rs 2420.50 crore on 26 December 2007 was a result of gross purchases of Rs 4727.30 crore and gross sales Rs 2306.80 crore. The 30-share BSE Sensex jumped 338.40 points or 1.70% to 20,192.52 on that day.

FII inflow in December 2007 totaled Rs 3494.20 crore (till 26 December 2007). FII inflow in calendar year 2007 totaled Rs 69,401.50 crore (till 26 December 2007).

There are a total of 1,214 FIIs registered with the Securities & Exchange Board of India (Sebi).