FIIs in selling mode
Foreign
institutional investors (FIIs) sold shares worth net Rs 342.20 crore on
Friday, 1 August 2008, compared to their selling of Rs 597 crore on
Thursday, 31 July 2008.
FII outflow of Rs 342.20 crore on 1
August 2008 was a result of gross purchases Rs 2889.70 crore and gross
sales Rs 3231.90 crore. The 30-share BSE Sensex jumped 300.94 points or
2.1% at 14,656.69 on that day.
FII outflow in calendar year 2008 totaled Rs 27,047.30 crore (till 1 August 2008).
There are a total of 1,458 FIIs registered with the Securities & Exchange Board of India (Sebi).
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