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Wednesday, February 06, 2008

FII buying slows down


Inflow of Rs 576.90 crore on 5 February 2008

Foreign institutional investors (FIIs) bought shares worth net Rs 576.90 crore on Tuesday, 5 February 2008, compared to their buying of Rs 3810.70 crore on Monday, 4 February 2008.

FII inflow of Rs 576.90 crore on 5 February 2008 was a result of gross purchases of Rs 2918.40 crore and gross sales Rs 2341.50 crore. The 30-share BSE Sensex rose a meager 2.84 points or 0.02% at 18,663.16 on that day.

FII inflow in February 2008 totaled Rs 2028.50 crore (till 5 February 2008). FII outflow in calendar year 2008 totaled Rs 11,007.10 crore (till 5 February 2008).

There are a total of 1,284 FIIs registered with the Securities & Exchange Board of India (Sebi).