Friday, January 15, 2010

FIIs step up selling

Outflow of Rs 136.50 crore on 14 January 2010 


Foreign institutional investors (FIIs) sold shares worth a net Rs 136.50 crore on Thursday, 14 January 2010, higher than Rs 43.50 crore on Wednesday, 13 January 2010.

FII outflow of Rs 136.50 crore on 14 January 2010 was a result of gross purchases Rs 3602.30 crore and gross sales Rs 3738.80 crore. The secondary equity market sales totaled Rs 136.30 crore, which was a result of gross purchases Rs 3602.20 crore and gross sales Rs 3738.50 crore. The BSE Sensex rose 75.07 points or 0.43% at 17,584.87 on that day.

There was an outflow of Rs 0.20 crore in the category 'primary market & others', which was a result of gross purchases Rs 0.10 crore and gross sales Rs 0.30 crore.

FII inflow in January 2010 totaled Rs 8191.70 crore (till 14 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 1,707 foreign funds registered with the Securities & Exchange Board of India (Sebi).