FIIs step up selling

Outflow of Rs 1038.10 crore on 25 June 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 1038.10 crore on Thursday, 25 June 2009, much higher than Rs 601.30 crore on Wednesday, 24 June 2009.

FII outflow of Rs 1038.10 crore on 25 June 2009 was a result of gross purchases Rs 4,111.50 crore and gross sales Rs 5,149.60 crore. The BSE Sensex lost 77.11 points or 0.53% to 14,345.62 on that day.

FII inflow in June 2009 totaled Rs 1,925.90 crore (till 25 June 2009). FII inflow in calendar year 2009 totaled Rs 23,245.30 crore (till 25 June 2009).

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