MASTER MIND FINNASSET: FII buying vigour slows down

Thursday, October 28, 2010

FII buying vigour slows down

Inflow of Rs 97.70 crore on 27 October 2010

Foreign institutional investors (FIIs) bought shares worth a net Rs 97.70 crore on Wednesday, 27 October 2010, much lower than Rs 698.70 crore on Tuesday, 26 October 2010.

The net inflow of Rs 97.70 crore on 27 October 2010 was a result of gross purchases Rs 2,774.50 crore and gross sales Rs 2,676.80 crore. There was an inflow of Rs 97.20 crore into secondary equity markets which was a result of gross purchases Rs 2774.50 crore and gross sales Rs 2676.80 crore. The BSE Sensex fell 216.02 points or 1.07% to 20,005.37 on that day.

There was an inflow of Rs 0.60 crore into the category 'primary market & others', which was a result of gross purchases Rs 1.60 crore and gross sales Rs 1 crore.

FII inflow in October 2010 totaled Rs 29,120.60 crore (till 27 October 2010). FIIs had bought equities worth Rs 24978.50 crore in September 2010. FII inflow in the calendar year 2010 totaled Rs 1,13,480.80 crore (till 27 October 2010). In dollar terms, the net equity inflows in 2010 now stands at a record $24.92 billion, above last year's $17.45 billion.

There are a total of 1,740 foreign funds registered with the Securities & Exchange Board of India (Sebi).

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