Tuesday, January 19, 2010

FIIs in buying mode

Inflow of Rs 294.70 crore on 18 January 2010 


Foreign institutional investors (FIIs) bought shares worth a net Rs 294.70 crore on Monday, 18 January 2010 as against an outflow of Rs 889.80 crore on Friday, 15 January 2010.

FII inflow of Rs 294.70 crore on 18 January 2010 was a result of gross purchases Rs 2619.90 crore and gross sales Rs 2325.20 crore. The secondary equity market purchases totaled Rs 293.70 crore, which was a result of gross purchases Rs 2618.60 crore and gross sales Rs 2324.90 crore. The BSE Sensex rose 86.78 points or 0.49% at 17,641.08 on that day.

There was an inflow of Rs 1 crore in the category 'primary market & others', which was a result of gross purchases Rs 1.30 crore and gross sales Rs 0.30 crore.

FII inflow in January 2010 totaled Rs 7596.60 crore (till 18 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 1,700 foreign funds registered with the Securities & Exchange Board of India (Sebi).