Thursday 31 January 2008

FIIs continue selling

Outflow of Rs 611.40 crore on 30 January 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 611.40 crore on Wednesday, 30 January 2008, compared to their selling of Rs 285.10 crore on Tuesday, 29 January 2008.

FII outflow of Rs 611.40 crore on 30 January 2008 was a result of gross purchases of Rs 2913.20 crore and gross sales Rs 3524.60 crore. The 30-share BSE Sensex lost 344.98 points or 1.91% at 17746.96 on that day.

FII outflow in January 2008 totaled Rs 13,035.70 crore (till 30 January 2008).

There are a total of 1,279 FIIs registered with the Securities & Exchange Board of India (Sebi).