FIIs in selling mode

Outflow of Rs 79.10 crore on 16 November 2007

Foreign institutional investors (FIIs) sold shares worth net Rs 79.10 crore on Friday, 16 November 2007, compared to their buying of Rs 788.40 crore on Thursday, 15 November 2007.

FIIs outflow of Rs 79.10 crore on 16 November 2007 was a result of gross purchases of Rs 3508.90 crore and gross sales Rs 3588 crore. The 30-share BSE Sensex ended down 86.53 points or 0.44% at 19,698.36 on that day.

FII outflow in November 2007 totaled Rs 290.20 crore (till 16 November 2007). FII inflow in calendar year 2007 totaled Rs 71,466.90 crore (till 16 November 2007).

There are a total of 1,162 FIIs registered with the Securities & Exchange Board of India (Sebi).