Foreign
institutional investors (FIIs) on Tuesday, 19 August 2008, sold shares
worth a net Rs 1135.80 crore, data released on the Securities &
Exchange Board of India (Sebi) website showed. Data pertaining to
previous trading session on 18 August 2008 was not updated on the Sebi
website. FIIs had sold shares worth a net Rs 396.30 crore on Thursday,
14 August 2008.
FII outflow of Rs 1135.80 crore on 19 August
2008 was a result of gross purchases Rs 2830.80 crore and gross sales
Rs 3966.60 crore. The BSE Sensex lost 101.93 points or 0.7% to
14,543.73 on that day on weak global cues.
FII outflow totaled Rs
546 crore this month, till 19 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 27848 crore so far (till 19 August 2008), compared to an
inflow of a massive Rs 34163.10 crore by the same time last year
There are a total of 1467 foreign funds registered with the market regulator Securities & Exchange Board of India (Sebi).
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