Friday, February 19, 2010

FIIs in selling mode


Outflow of Rs 28.90 crore on 18 February 2010

Foreign institutional investors (FIIs) sold shares worth a net Rs 28.90 crore on Thursday, 18 February 2010 as against an inflow of Rs 1223.90 crore on Wednesday, 17 February 2010.

FII outflow of Rs 28.90 crore on 18 February 2010 was a result of gross purchases Rs 2048.30 crore and gross sales Rs 2077.20 crore. There was an outflow of Rs 286.10 crore from secondary equity markets which was a result of gross purchases Rs 1791.10 crore and gross sales Rs 2077.20 crore. The BSE Sensex fell 101.07 points or 0.62% to 16,327.84 on that day.

There was an inflow of Rs 257.20 crore in the category 'primary market & others'.

FII outflow in February 2010 totaled Rs 232.10 crore (till 18 February 2010). FII had sold equities worth Rs 302.70 crore in January 2010. FII outflow in the calendar year 2010 totaled Rs 732.60 crore (till 18 February 2010).

There are a total of 1,706 foreign funds registered with the Securities & Exchange Board of India (Sebi).