Friday 8 February 2008

FIIs continue selling

Outflow of Rs 528.20 crore on 6 February 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 528.20 crore on Wednesday, 6 February 2008, compared to their buying of Rs 576.90 crore on Tuesday, 5 February 2008.

FII outflow of Rs 528.20 crore on 6 February 2008 was a result of gross purchases of Rs 2224.70 crore and gross sales Rs 2752.90 crore. The 30-share BSE Sensex declined 523.67 points or 2.81% at 18,139.49 on that day.

FII inflow in February 2008 totaled Rs 1500.30 crore (till 6 February 2008). FII outflow in calendar year 2008 totaled Rs 11,535.30 crore (till 6 February 2008).

There are a total of 1,283 FIIs registered with the Securities & Exchange Board of India (Sebi).