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Wednesday, June 24, 2009

FIIs step up selling

Outflow of Rs 658.20 crore on 23 June 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 658.20 crore on Tuesday, 23 June 2009, much higher than Rs 197 crore on Monday, 22 June 2009.

FII outflow of Rs 658.20 crore on 23 June 2009 was a result of gross purchases Rs 2,047.30 crore and gross sales Rs 2,705.50 crore. The BSE Sensex fell 2.21 points or 0.02% to 14,324.01 on that day.

FII inflow in June 2009 totaled Rs 3,565.20 crore (till 23 June 2009). FII inflow in calendar year 2009 totaled Rs 24,884.60 crore (till 23 June 2009).

There are a total of 1668 foreign funds registered with the Securities & Exchange Board of India (Sebi).
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