Sep 1, 2008

Foreign funds continue selling

Foreign funds continue selling


Foreign
institutional investors (FIIs) sold shares worth net Rs 391.90 crore on
Wednesday, 30 July 2008, compared to their selling of Rs 332.30 crore
on Tuesday, 29 July 2008.

FII outflow of Rs 391.30 crore on 30
July 2008 was a result of gross purchases Rs 2464 crore and gross sales
Rs 2855.90 crore. The 30-share BSE Sensex jumped 495.67 points or 3.59%
at 14,287.21 on that day.

FII outflow in July 2008 totaled Rs
1836.80 (till 30 July 2008). FII outflow in calendar year 2008 totaled
Rs 27,302.10 crore (till 30 July 2008).

There are a total of 1,457 FIIs registered with the Securities & Exchange Board of India (Sebi).

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