FIIs step up buying

Inflow of Rs 1417.40 crore on 5 June 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,417.40 crore on Friday, 5 June 2009, much higher than Rs 670.60 crore on Thursday, 4 June 2009.

FII inflow of Rs 1,417.40 crore on 5 June 2009 was a result of gross purchases Rs 4,550.60 crore and gross sales Rs 3,133.20 crore. The BSE Sensex rose 94.87 points, or 0.63%, to 15,103.55 on that day.

FII inflow in June 2009 totaled Rs 2,599 crore (till 5 June 2009). FII inflow in calendar year 2009 totaled Rs 23,918.40 crore (till 5 June 2009).

There are a total of 1660 foreign funds registered with the Securities & Exchange Board of India (Sebi).