Tuesday 4 March 2008

FIIs continue selling

Outflow of Rs 244.10 crore on 29 February 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 244.10 crore on Friday, 29 February 2008, compared to their selling of Rs 529.30 crore on Thursday, 28 February 2008.

FII outflow of Rs 244.10 crore on 29 February 2008 was a result of gross purchases Rs 3800.90 crore and gross sales Rs 4045 crore. The 30-share BSE Sensex declined 245.76 points or 1.38% at 17,578.72 on that day.

FII outflow in calendar year 2008 totaled Rs 11,546.60 crore (till 29 February 2008).
There are a total of 1,302 FIIs registered with the Securities & Exchange Board of India (Sebi)