FIIs turn sellers

Sold shares worth a net Rs 316.20 crore on Wednesday, 3 June 2009 after buying for the five consecutive days.

Foreign institutional investors (FIIs) sold shares worth a net Rs 316.20 crore on Wednesday, 3 June 2009, compared to a buying of a net Rs 209.30 crore on Tuesday, 2 June 2009. The FIIs had bought shares worth Rs 4,227.40 crore in the last five consecutive days.

FII outflow of Rs 316.20 crore on 3 June 2009 was a result of gross purchases Rs 3,423.80 crore and gross sales Rs 3,740 crore. The BSE 30-share Sensex fell 4.01 points, or 0.03%, to 14,870.90 on that day.

FII inflow in calendar year 2009 totaled Rs 21,818.80 crore (till 3 June 2009).

There are a total of 1662 foreign funds registered with the Securities & Exchange Board of India (Sebi)