Wednesday, January 27, 2010

FIIs continue selling

Outflow of Rs 900.40 crore on 25 January 2010 


Foreign institutional investors (FIIs) sold shares worth a net Rs 900.40 crore on Monday, 25 January 2010, lower than Rs 2059.50 crore on Friday, 22 January 2010.

FII outflow of Rs 900.40 crore on 25 January 2010 was a result of gross purchases Rs 1628.70 crore and gross sales Rs 2529.10 crore. The secondary equity market sales totaled Rs 893.40 crore, which was a result of gross purchases Rs 1626.50 crore and gross sales Rs 2519.90 crore. The BSE Sensex fell 79.22 points or 0.47% to 16,780.46 on that day.

There was an outflow of Rs 7 crore in the category 'primary market & others', which was a result of gross purchases Rs 2.20 crore and gross sales Rs 9.20 crore.

FII inflow in January 2010 totaled Rs 3583.30 crore (till 25 January 2010). FII had bought equities worth Rs 11,067.20 crore in December 2009. FII inflow in the calendar year 2009 was Rs 84,258 crore.

There are a total of 1,702 foreign funds registered with the Securities & Exchange Board of India (Sebi).