FIIs continue selling

Outflow of Rs 226.50 crore on 17 June 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 226.50 crore on Wednesday, 17 June 2009, much lower than Rs 711.80 crore on Tuesday, 16 June 2009.

FII outflow of Rs 226.50 crore on 17 June 2009 was a result of gross purchases Rs 2,168.30 crore and gross sales Rs 2,394.80 crore. The BSE Sensex lost 435.07 points, or 2.91%, to 14,522.84 on that day.

FII inflow in June 2009 totaled Rs 4,962.40 crore (till 17 June 2009). FII inflow in calendar year 2009 totaled Rs 26,281.80 crore (till 17 June 2009).

There are a total of 1665 foreign funds registered with the Securities & Exchange Board of India (Sebi).