FIIs continue buying

Inflow of Rs 363.70 crore on 16 April 2010

Foreign institutional investors (FIIs) bought shares worth a net Rs 363.70 crore on Friday, 16 April 2010, slightly higher than Rs 343.10 crore on Thursday, 15 April 2010.

FII inflow of Rs 363.70 crore on 16 April 2010 was a result of gross purchases Rs 2519 crore and gross sales Rs 2155.30 crore. There was an inflow of Rs 334.30 crore into secondary equity markets which was a result of gross purchases Rs 2481.90 crore and gross sales Rs 2147.60 crore. The BSE Sensex fell 48.08 points or 0.27% to 17,591.18 on that day.

There was an inflow of Rs 29.40 crore in the category 'primary market & others', which was a result of gross purchases Rs 37.10 crore and gross sales Rs 7.70 crore.

FII inflow in April 2010 totaled Rs 5,427.50 crore (till 16 April 2010). FIIs had bought equities worth Rs 19,928.20 crore in March 2010. FII inflow in the calendar year 2010 totaled Rs 26,071.90 crore (till 16 April 2010).

There are a total of 1,706 foreign funds registered with the Securities & Exchange Board of India (Sebi).