Foreign portfolio investors (FPIs) pressed heavy selling of Indian stocks for the second day in a row yesterday, 28 April 2015, according to data released by the depositories. FPIs offloaded shares worth a net Rs 1519.35 crore yesterday, 28 April 2015, compared with their outflow of Rs 1600.54 crore during the preceding trading session on 27 April 2015.
The net outflow of Rs 1519.35 crore on 28 April 2015 was a result of gross purchases of Rs 4622.42 crore and gross sales of Rs 6141.77 crore. There was a net outflow of Rs 1525.15 crore from the secondary equity market on 28 April 2015, which was a result of gross purchases of Rs 4592.11 crore and gross sales of Rs 6117.26 crore. The S&P BSE Sensex had jumped 219.39 points or 0.81% to settle at 27,396.38 on that day, its highest closing level since 24 April 2015.
There was a net inflow of Rs 5.80 crore into the category 'primary market & others' on 28 April 2015, which was a result of gross purchases of Rs 30.31 crore and gross sales of Rs 24.51 crore.
FPIs have bought shares worth a net Rs 12473.79 crore in this month so far (till 28 April 2015). They have bought shares worth a net Rs 12058.05 crore from the secondary equity markets in this month so far (till 28 April 2015). FPIs had bought shares worth a net Rs 12078.12 crore last month. They had bought shares worth a net Rs 10155.09 crore from the secondary markets last month.
FPIs have bought shares worth a net Rs 48946.60 crore in calendar year 2015 so far (till 28 April 2015). They have bought shares worth a net Rs 40821.90 crore from the secondary equity markets in calendar year 2015 so far (till 28 April 2015). FPIs had bought shares worth a net Rs 97055.90 crore in the calendar year 2014. They had bought shares worth a net Rs 84440.80 crore from the secondary equity markets in calendar year 2014.