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Thursday, November 29, 2007

FIIs in selling mode


Outflow of Rs 263.60 crore on 27 November 2007

Foreign institutional investors (FIIs) sold shares worth net Rs 263.60 crore on Tuesday, 27 November 2007, compared to their buying of Rs 470.20 crore on Monday, 26 November 2007.

FIIs outflow of Rs 263.60 crore on 27 November 2007 was a result of gross purchases of Rs 3467 crore and gross sales Rs 3730.60 crore. The 30-share BSE Sensex lost 119.81 points or 0.62% to 19127.73 on that day.

FII outflow in November 2007 totaled Rs 4422.30 crore (till 27 November 2007). FII inflow in calendar year 2007 totaled Rs 67,334.90 crore (till 27 November 2007).

There are a total of 1,170 FIIs registered with the Securities & Exchange Board of India (Sebi).