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Wednesday, March 25, 2009

FIIs step up buying

Inflow of Rs 699.20 crore on 24 March 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 699.20 crore on Tuesday, 24 March 2009, much higher than Rs 315.80 crore on Monday, 23 March 2009.

FII inflow of Rs 699.20 crore on 24 March 2009 was a result of gross purchases Rs 2288.40 crore and gross sales Rs 1589.20 crore. The BSE Sensex rose 47.02 points or 0.5%, to 9,471.04 on that day.

FII outflow in March 2009 totaled Rs 349.30 crore (till 24 March 2009). FII outflow in calendar year 2009 totaled Rs 7020.10 crore (till 24 March 2009).

There are a total of 1630 foreign funds registered with the Securities & Exchange Board of India (Sebi).

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