Foreign
institutional investors (FIIs) on Wednesday, 13 August 2008, sold
shares worth a net Rs 646.30 crore, much higher than their outflow of
Rs 384.30 crore on Tuesday, 12 August 2008.
FII net outflow of
Rs 646.30 crore on 13 August 2008 was a result of gross purchases Rs
1928.60 crore and gross sales Rs 2574.90 crore. The 30-share BSE Sensex
fell 119.01 points or 0.78% to 15,093.12 on that day.
Alternate
bouts of buying and selling was witnessed by foreign funds this month.
Their inflow totaled Rs 986.10 crore by 13 August 2008. FIIs had sold
shares worth Rs 1836.80 crore in July 2008, much lower than an outflow
of Rs 10095.80 crore in June 2008.
FII outflow in this calendar
year totaled Rs 26315.90 so far (till 13 August 2008), compared to an
inflow of a massive Rs 40383.20 crore by the same time last year.
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