FIIs in selling mode

Outflow of Rs 53.60 on 25 August 2009

Foreign institutional investors (FIIs) sold shares worth a net Rs 53.60 crore on Tuesday, 25 August 2009, as against a huge inflow of Rs 848.60 crore on Monday, 24 August 2009.

FII outflow of Rs 53.60 crore on 25 August 2009 was a results of gross purchases Rs 2039.30 crore and gross sales Rs 2092.90 crore. The BSE Sensex rose 59.72 points or 0.38% to 15,688.47 on that day.

FII inflow in August 2009 totaled Rs 643.60 crore (till 25 August 2009). Foreign funds had bought equities worth Rs 11,625.20 crore in July 2009. FII inflow in calendar year 2009 totaled Rs 36,813.30 crore (till 25 August 2009).

There are a total of 1691 foreign funds registered with the Securities & Exchange Board of India (Sebi).