FIIs in selling mode

Outflow of Rs 630.80 crore on 10 January 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 630.80 crore on Thursday, 10 January 2008, compared to their buying of Rs 274.60 crore on Wednesday, 9 January 2008.

FII outflow of Rs 630.80 crore on 10 January 2008 was a result of gross purchases of Rs 4334.20 crore and gross sales Rs 4965 crore. The 30-share BSE Sensex lost 287.70 points or 1.38% at 20582.08 on that day.

FII inflow in January 2008 totaled Rs 2545.90 crore (till 10 January 2008).

There are a total of 1,248 FIIs registered with the Securities & Exchange Board of India (Sebi).