Sep 1, 2008

Foreign funds resume selling

Foreign funds resume selling


Foreign
institutional investors (FIIs) sold shares worth net Rs 384.30 crore on
Tuesday, 12 August 2008, compared to their buying of Rs 409.70 crore on
Monday, 11 August 2008.

FII outflow of Rs 384.30 crore on 12
August 2008 was a result of gross purchases Rs 2636.50 crore and gross
sales Rs 3020.80 crore. The 30-share BSE Sensex fell 291.79 points or
1.88% to 15,212.13 on that day.

FII inflow in August 2008
totaled Rs 1632.40 (till 12 August 2008). FII outflow in calendar year
2008 totaled Rs 25,669.60 crore (till 12 August 2008).

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

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