Wednesday, May 19, 2010

FIIs continue selling

Outflow of Rs 439 crore on 18 May 2010 

Foreign institutional investors (FIIs) sold shares worth a net Rs 439 crore on Tuesday, 18 May 2010, lower than Rs 1031.60 crore on Monday, 17 May 2010. 

The net outflow of Rs 439 crore on 18 May 2010 was a result of gross purchases Rs 2143.20 crore and gross sales Rs 2582.20 crore. There was an outflow of Rs 414.10 crore from secondary equity markets which was a result of gross purchases Rs 2141.40 crore and gross sales Rs 2555.50 crore. The BSE Sensex rose 40.20 points or 0.24% to 16,875.76 on that day.
There was an outflow of Rs 25 crore in the category 'primary market & others', which was a result of gross purchases Rs 1.80 crore and gross sales Rs 26.80 crore. 

FII outflow in May 2010 totaled Rs 3945.30 crore (till 18 May 2010). FIIs had bought equities worth Rs 9,900 crore in April 2010. FII inflow in the calendar year 2010 totaled Rs 26,060.40 crore (till 18 May 2010). 

There are a total of 1,714 foreign funds registered with the Securities & Exchange Board of India (Sebi).