Sep 2, 2008

Foreign funds in buying mode

Foreign funds in buying mode


Foreign
institutional investors (FIIs) bought shares worth net Rs 535.80 crore
on Thursday, 17 July 2008, compared to their selling of Rs 210.40 crore
on Wednesday, 16 July 2008.

FII inflow of Rs 535.80 crore on 17
July 2008 was a result of gross purchases Rs 2939.50 crore and gross
sales Rs 2403.70 crore. Sensex surged 536.05 points or 4.26% at
13,111.85 on that day.

FII outflow in July 2008 totaled Rs
2,235.70 crore (till 17 July 2008). FII outflow in calendar year 2008
totaled Rs 27,701 crore (till 17 July 2008).

There are a total of 1,426 FIIs registered with the Securities & Exchange Board of India (Sebi).

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