Foreign institutional investors (FIIs) turned net equity sellers as they sold shares worth a net Rs 234.10 crore on Wednesday, 20 May 2009. FIIs have been on a buying spree this month as they remained net buyers in 12 out of 14 trading sessions.
FII outflow of Rs 234.10 crore on 20 May 2009 was a result of gross purchases Rs 6399.50 crore and gross sales Rs 6633.70 crore. The BSE 30-share Sensex was down 324.12 points or 2.31% to 13,736.54 on that day
FII inflow in May 2009 totaled Rs 15134.70 crore (till 20 May 2009) while their inflow in calendar year 2009 totaled Rs 15491.20 crore.
There are a total of 1655 foreign funds registered with the Securities & Exchange Board of India (Sebi).