FII selling continues

Outflow of Rs 115.10 crore on 12 February 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 115.10 crore on Tuesday, 12 February 2008, compared to their selling of Rs 1845.50 crore on Monday, 11 February 2008.

FII outflow of Rs 115.10 crore on 12 February 2008 was a result of gross purchases of Rs 3440.20 crore and gross sales Rs 3555.30 crore. The 30-share BSE Sensex fell 22.90 points or 0.14% at 16,608.01 on that day.

FII outflow in February 2008 totaled Rs 628.80 crore (till 12 February 2008). FII outflow in calendar year 2008 totaled Rs 13,664.40 crore (till 12 February 2008).

There are a total of 1,284 FIIs registered with the Securities & Exchange Board of India (Sebi)