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Tuesday, March 17, 2009

FIIs resume selling

Outflow of Rs 14.30 crore on 16 March 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 14.30 crore on Monday, 16 March 2009, as against an inflow of Rs 191.40 crore on Friday, 13 March 2009.

FII outflow of Rs 14.30 crore on 16 March 2009 was a result of gross purchases Rs 1369.90 and gross sales Rs 1384.20 crore. The BSE Sensex gained 186.93 points, or 2.13%, to 8,943.54 on that day.

FII outflow in March 2009 totaled Rs 2099.10 crore (till 16 March 2009). FII outflow in calendar year 2009 totaled Rs 9040.10 crore (till 16 March 2009).

There are a total of 1626 foreign funds registered with the Securities & Exchange Board of India (Sebi).

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