FIIs step up buying

Inflow of Rs 1035.90 on 26 August 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 1035.90 crore on Wednesday, 26 August 2009, as against a meagre outflow of Rs 53.60 crore on Tuesday, 25 August 2009. e

FII inflow of Rs 1035.90 crore on 26 August 2009 was a results of gross purchases Rs 2812.60 crore and gross sales Rs 1776.70 crore. The BSE Sensex rose 81.38 points or 0.52% to 15,769.85 on that day.

FII inflow in August 2009 totaled Rs 1,679.50 crore (till 26 August 2009). Foreign funds had bought equities worth Rs 11,625.20 crore in July 2009. FII inflow in calendar year 2009 totaled Rs 37,849.20 crore (till 26 August 2009).

There are a total of 1694 foreign funds registered with the Securities & Exchange Board of India (Sebi).