FIIs in selling mode

Outflow of Rs 110.50 crore on 12 August 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 110.50 crore on Wednesday, 12 August 2009, as against an inflow of Rs 704.20 crore on Tuesday, 11 August 2009.

FII outflow of Rs 110.50 crore on 12 August 2009 was a results of gross purchases Rs 2595 crore and gross sales Rs 2705.50 crore. The BSE Sensex lost 54.43 points or 0.36% at 15,020.16 that day.

FII outflow in August 2009 totaled Rs 522.90 crore (till 12 August 2009). Foreign funds had bought equities worth Rs 11,625.20 crore in July 2009. FII inflow in calendar year 2009 totaled Rs 35,646.80 crore (till 12 August 2009).

There are a total of 1680 foreign funds registered with the Securities & Exchange Board of India (Sebi).