FIIs continue selling

Outflow of Rs 515.80 on 20 December 2007

Foreign institutional investors (FIIs) sold shares worth net Rs 515.80 crore on Thursday, 20 December 2007, compared to their selling of Rs 1092.50 crore on Wednesday, 19 December 2007.

FIIs outflow of Rs 515.80 crore on 20 December 2007 was a result of gross purchases of Rs 2561.20 crore and gross sales Rs 3077 crore. The 30-share BSE Sensex rose 70.61 points or 0.37% to 19,162.57 on that day.

FII inflow in December 2007 totaled Rs 906.30 crore (till 20 December 2007). FII inflow in calendar 2007 totaled Rs 66,813.60 crore (till 20 December 2007).

There are a total of 1,213 FIIs registered with the Securities & Exchange Board of India (Sebi).