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Monday, May 18, 2009

FII inflow crosses 10000 crore in May 2009

FIIs buy shares worth Rs 1000.20 crore on Friday, 15 May 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,000.20 crore on Friday, 15 May 2009 compared to net outflow of Rs 345.70 crore on Thursday 14 May 2009.

FII inflow of Rs 1,000.20 crore on 15 May 2009 was a result of gross purchases Rs 2,673 crore and gross sales Rs 1,672.80 crore. The BSE 30-share Sensex jumped 300.51 points or 2.53% to 12,173.42 on that day, its highest closing since 3 October 2008.

FII inflow in May 2009 totaled Rs 10,270.60 crore in May 2009 (till 15 May 2009) while their inflow in calendar year 2009 totaled Rs 10,627.20 crore.

There are a total of 1650 foreign funds registered with the Securities & Exchange Board of India (Sebi).

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