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Wednesday, August 29, 2007

Heavy inflows by FIIs in equities


Net inflow of robust Rs 1,201.80 crore on 27 August 2007

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,201.80 crore on Monday, 27 August 2007. They had bought shares worth Rs 414.50 crore on Friday, 24 August 2007.

FII inflow of Rs 1,201.80 crore on 27 August 2007 was a result of gross purchases of Rs 2,559.10 crore and gross sales of Rs 1,357.30 crore. The Sensex surged 417.51 points or 2.89% at 14,842.38 on that day.

FIIs sold shares worth Rs 7,279.50 crore in the month of August, till 27 August 2007. FII inflow in the month of July 2007, totaled Rs 23,872.40 crore. FIIs pumped in Rs 1,643 crore in the month of June 2007. FII inflow totaled Rs 3,959.70 crore in May 2007. The inflow was pegged at Rs 6,679.20 crore in April 2007.

FII inflow for the calendar year 2007 stands at Rs 35,524.70 crore, till 27 August 2007. FII inflow for the same period in year 2006 stood at Rs 16,640.20 crore.

There are a total of 1,077 FIIs registered with Securities & Exchange Board of India (Sebi) as of now.