FIIs in buying mode

Inflow of Rs 167.40 crore on 24 December 2007

Foreign institutional investors (FIIs) bought shares worth net Rs 167.40 crore on Monday, 24 December 2007, compared to their selling of Rs 515.80 crore on Thursday, 20 December 2007.

FIIs inflow of Rs 167.40 crore on 24 December 2007 was a result of gross purchases of Rs 3498.50 crore and gross sales Rs 3331.10 crore. The 30-share BSE Sensex rose 691.55 points or 3.61% to 19,854.12 on that day.

FII inflow in December 2007 totaled Rs 1073.70 crore (till 24 December 2007). FII inflow in calendar year 2007 totaled Rs 66,981.10 crore (till 24 December 2007).

There are a total of 1,214 FIIs registered with the Securities & Exchange Board of India (Sebi).