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Wednesday, August 12, 2009

FII selling vigour slows down


Outflow of Rs 227.20 crore on 10 August 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 227.20 crore on Monday, 10 August 2009, much lower than Rs 846.10 crore on Friday, 7 August 2009.

FII outflow of Rs 227.20 crore on 10 August 2009 was a results of gross purchases Rs 2972.80 crore and gross sales Rs 3200 crore. The BSE Sensex lost 150.47 points or 0.99% at 15,009.77 on that day.

FII outflow in August 2009 totaled Rs 1,116.50 crore (till 10 August 2009). Foreign funds had bought equities worth Rs 11,625.20 crore in July 2009. FII inflow in calendar year 2009 totaled Rs 35,053.20 crore (till 10 August 2009).

There are a total of 1682 foreign funds registered with the Securities & Exchange Board of India (Sebi)