FIIs continue selling

Outflow of Rs 172.40 crore on 11 March 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 172.40 crore on Tuesday, 11 March 2008, compared to their selling of Rs 1137.60 crore on Monday, 10 March 2008.

FII outflow of Rs 172.40 crore on 11 March 2008 was a result of gross purchases of Rs 4610 crore and gross sales Rs 4782.40 crore. The 30-share BSE Sensex gained 199.43 points or 1.25% at 16,123.15 on that day.

FII outflow in March 2008 totaled Rs 1733.20 (till 11 March 2008). FII outflow in calendar year 2008 totaled Rs 13,035.70 crore (till 11 March 2008).

There are a total of 1,310 FIIs registered with the Securities & Exchange Board of India (Sebi).