Sep 1, 2008

Foreign funds resume selling

Foreign funds resume selling


Foreign
institutional investors (FIIs) sold shares worth net Rs 506 crore on
Tuesday, 26 August 2008, compared to their buying of Rs 93.90 crore on
Monday, 25 August 2008.

FII outflow of Rs 506 crore on 26
August 2008 was a result of gross purchases Rs 1426 crore and gross
sales Rs 1932 crore. The 30-share BSE Sensex rose 31.87 points or 0.22%
to 14,482.22 on that day.

FII outflow in August 2008 totaled Rs
1635.40 (till 26 August 2008). FII outflow in calendar year 2008
totaled Rs 28,937.30 crore (till 26 August 2008).

There are a total of 1,474 FIIs registered with the Securities & Exchange Board of India (Sebi).

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