Monday, May 17, 2010

FIIs resume selling

Outflow of Rs 204.90 crore on 14 May 2010

Foreign institutional investors (FIIs) sold shares worth a net Rs 204.90 crore on Friday, 14 May 2010, as against an inflow of Rs 85.90 crore on Thursday, 13 May 2010. 

The net outflow of Rs 204.90 crore on 14 May 2010 was a result of gross purchases Rs 2262.60 crore and gross sales Rs 2467.60 crore. There was an outflow of Rs 348.90 crore from secondary equity markets which was a result of gross purchases Rs 2177.50 crore and gross sales Rs 2466.40 crore. The BSE Sensex fell 271.27 points or 1.57% to 16994.60 on that day. 

There was an inflow of Rs 144 crore in the category 'primary market & others', which was a result of gross purchases Rs 145.20 crore and gross sales Rs 1.20 crore. 

FII outflow in May 2010 totaled Rs 2474.70 crore (till 14 May 2010). FIIs had bought equities worth Rs 9900 crore in April 2010. FII inflow in the calendar year 2010 totaled Rs 27,531 crore (till 14 May 2010). 

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