FII outflow continues unabated

Outflow of Rs 746.10 crore on 27 June 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 746.10 crore on Friday, 27 June 2008, compared to their selling of Rs 469 crore on Thursday, 26 June 2008.

FII outflow of Rs 746.10 crore on 27 June 2008 was a result of gross purchases Rs 3348.60 crore and gross sales Rs 4094.70 crore. Sensex slumped 619.60 points or 4.30% to 13,802.22 on that day.

FII outflow in June 2008 totaled Rs 10,095.80 crore (till 27 June 2008). FII outflow in calendar year 2008 totaled Rs 25,465.30 crore (till 27 June 2008).

There are a total of 1,403 FIIs registered with the Securities & Exchange Board of India (Sebi).