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Friday, April 24, 2009

FIIs step up buying

Inflow of Rs 311.70 crore on 23 April 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 311.70 crore on Thursday, 23 April 2009, much higher than Rs 1.80 crore on Wednesday, 22 April 2009.

FII inflow of Rs 311.70 crore on 23 April 2009 was a result of gross purchases Rs 1406.10 crore and gross sales Rs 1094.40 crore. The BSE Sensex surged 317.45 points or 2.93% to 11,134.99 on that day.

FII inflow in April 2009 totaled Rs 4,860.40 crore (till 23 April 2009). FII outflow in calendar year 2009 totaled Rs 1,811.20 crore (till 23 April 2009).

There are a total of 1639 foreign funds registered with the Securities & Exchange Board of India (Sebi).

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