Sep 1, 2008

Foreign funds step up buying

Foreign funds step up buying


Foreign
institutional investors (FIIs) bought shares worth net Rs 409.70 crore
on Monday, 11 August 2008, compared to their buying of Rs 79.10 crore
on Friday, 8 August 2008.

FII inflow of Rs 409.70 crore on 11
August 2008 was a result of gross purchases Rs 2958.10 crore and gross
sales Rs 2548.40 crore. The 30-share BSE Sensex gained 336.10 points or
2.22% to 15,503.92 on that day.

FII inflow in August 2008
totaled Rs 2016.70 (till 11 August 2008). FII outflow in calendar year
2008 totaled Rs 25,285.40 crore (till 11 August 2008).

There are a total of 1,457 FIIs registered with the Securities & Exchange Board of India (Sebi).

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