FIIs turn buyer after nine trading sessions

Inflow of Rs 672.90 crore on 26 June 2009

After sustained selling for nine trading sessions in a row, foreign funds turned buyers on Friday, 26 June 2009. Foreign institutional investors (FIIs) bought shares worth a net Rs 672.90 crore on Friday, 26 June 2009, as against an outflow of Rs 1,038.10 crore on Thursday, 25 June 2009.

FII inflow of Rs 672.90 crore on 26 June 2009 was a result of gross purchases Rs 2,547.70 crore and gross sales Rs 1,874.80 crore. The BSE Sensex surged 419.02 points or 2.92% to 14,764.64 on that day.

FII inflow in June 2009 totaled Rs 2,598.80 crore (till 26 June 2009). FII inflow in calendar year 2009 totaled Rs 23,918.20 crore (till 26 June 2009).

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