FIIs continue selling selling

Outflow of Rs 601.20 crore on 24 June 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 601.20 crore on Wednesday, 24 June 2009, slightly lower than Rs 658.20 crore on Tuesday, 23 June 2009.

FII outflow of Rs 601.20 crore on 24 June 2009 was a result of gross purchases Rs 1,602.90 crore and gross sales Rs 2,204.10 crore. The BSE Sensex rose 98.72 points or 0.69% to 14,422.73 on that day.

FII inflow in June 2009 totaled Rs 2,964 crore (till 24 June 2009). FII inflow in calendar year 2009 totaled Rs 24,283.40 crore (till 24 June 2009).

There are a total of 1668 foreign funds registered with the Securities & Exchange Board of India (Sebi).