FIIs continue buying

Inflow of Rs 258.20 crore on 14 May 2008

Foreign institutional investors (FIIs) bought shares worth net Rs 258.20 crore on Wednesday, 14 May 2008, compared to their buying of Rs 186.30 crore on Tuesday, 13 May 2008.

FII inflow of Rs 258.20 crore on 14 May 2008 was a result of gross purchases Rs 2619.70 crore and gross sales Rs 2361.50 crore. Sensex surged 225.49 points or 1.36% at 16,978.35 on that day.

FII outflow in May 2008 totaled Rs 529.10 crore (till 14 May 2008). FII outflow in calendar year 2008 totaled Rs 10,887.20 crore (till 14 May 2008).

There are a total of 1,353 FIIs registered with the Securities & Exchange Board of India (Sebi).