Foreign funds in buying mode

Inflow of Rs 1050 crore on 7 September 2009

Foreign institutional investors (FIIs) bought shares worth a net Rs 1050 crore on Monday, 7 September 2009 as against an outflow of Rs 56.90 crore on Friday, 4 September 2009.

FII inflow of Rs 1050 crore on 7 September 2009 was a results of gross purchases Rs 2952.80 crore and gross sales Rs 1902.80 crore. The BSE Sensex surged 327.20 points or 2.09% to 16,016.32 on that day.

FII inflow in September 2009 totaled Rs 175.30 crore (till 7 September 2009). Foreign funds had bought equities worth Rs 4028.80 crore in August 2009. FII inflow in calendar year 2009 totaled Rs 40,373.80 crore (till 7 September 2009).

There are a total of 1695 foreign funds registered with the Securities & Exchange Board of India (Sebi).