FIIs continue to exit the market

Outflow of Rs 656.90 crore on 5 November 2007

Foreign institutional investors (FIIs) sold shares worth net Rs 656.90 crore on Monday, 5 November 2007, compared to their selling of Rs 761.40 crore on Friday, 2 November 2007.

FIIs outflow of Rs 656.90 crore on 5 November 2007 was a result of gross purchases of Rs 4550.20 crore and gross sales Rs 5207.10 crore. The 30-shares BSE Sensex lost 385.45 points or 1.93% to 19,590.78 on that day.

FII inflow in calendar year 2007 totaled Rs 70,747.40 crore (till 5 November 2007).

There are a total of 1,134 FIIs registered with the Securities & Exchange Board of India (Sebi).