Sep 1, 2008

FII selling slows down

25 Aug 2008 | 15:39




FII selling slows down


Foreign
institutional investors (FIIs) sold shares worth net Rs 113.80 crore on
Friday, 22 August 2008, compared to their selling of Rs 278.10 crore on
Thursday, 21 August 2008.

FII outflow of Rs 113.80 crore on 22
August 2008 was a result of gross purchases Rs 1689.70 crore and gross
sales Rs 1803.50 crore. The 30-share BSE Sensex jumped 157.76 points or
1.11% to 14,401.49 on that day.

FII outflow in August 2008
totaled Rs 1223.30 (till 22 August 2008). FII outflow in calendar year
2008 totaled Rs 28,525.30 crore (till 22 August 2008).

There are a total of 1,473 FIIs registered with the Securities & Exchange Board of India (Sebi).

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