FIIs step up buying

Inflow of Rs 1174.50 crore on 8 September 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 1174.50 crore on Tuesday, 8 September 2009, higher than Rs 1050 crore on Monday, 7 September 2009.

FII inflow of Rs 1174.50 crore on 8 September 2009 was a results of gross purchases Rs 3929.30 crore and gross sales Rs 2754.80 crore. The BSE Sensex rose 107.35 points or 0.67% to 16,123.67 on that day.

FII inflow in September 2009 totaled Rs 1349.80 crore (till 8 September 2009). Foreign funds had bought equities worth Rs 4028.80 crore in August 2009. FII inflow in calendar year 2009 totaled Rs 41,548.30 crore (till 8 September 2009).

There are a total of 1696 foreign funds registered with the Securities & Exchange Board of India (Sebi).