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Wednesday, April 01, 2009

FIIs step up selling

Outflow of Rs 531.40 crore on 31 March 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 531.40 crore on Tuesday, 31 March 2009, higher than Rs 464.60 crore on Monday, 30 March 2009.

FII outflow of Rs 531.40 crore on 31 March 2009 was a result of gross purchases Rs 1640.90 crore and gross sales Rs 2172.30 crore. The BSE Sensex rose 140.36 points, or 1.47%, to 9,708.50 on that day.

FII outflow in March 2009 totaled Rs 1.10 crore. FII outflow in calendar year 2009 totaled Rs 6671.60 crore (till 31 March 2009).

There are a total of 1634 foreign funds registered with the Securities & Exchange Board of India (Sebi).

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