FIIs step up buying

Inflow of Rs 574.90 crore on 10 September 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 574.90 crore on Thursday, 10 September 2009 higher than Rs 247.40 crore on Wednesday, 9 September 2009.

FII inflow of Rs 574.90 crore on 10 September 2009 was a results of gross purchases Rs 2998.50 crore and gross sales Rs 2423.60 crore. The BSE Sensex rose 33.31 points or 0.21% to 16,216.86 on that day.

FII inflow in September 2009 totaled Rs 2,172.10 crore (till 10 September 2009). Foreign funds had bought equities worth Rs 4028.80 crore in August 2009. FII inflow in calendar year 2009 totaled Rs 42,370.60 crore (till 10 September 2009).

There are a total of 1695 foreign funds registered with the Securities & Exchange Board of India (Sebi).