Selling by foreign funds continues
Foreign
institutional investors (FIIs) sold shares worth net Rs 210.50 crore on
Wednesday, 16 July 2008, compared to their selling of Rs 680.40 crore
on Tuesday, 15 July 2008.
FII outflow of Rs 210.50 crore on 16
July 2008 was a result of gross purchases Rs 2693 crore and gross sales
Rs 2903.50 crore. Sensex lost 100.39 points or 0.79% to 12,575.80 on
that day.
FII outflow in July 2008 totaled Rs 2,771.50 crore
(till 16 July 2008). FII outflow in calendar year 2008 totaled Rs
28,236.80 crore (till 16 July 2008).
There are a total of 1,426 FIIs registered with the Securities & Exchange Board of India (Sebi).
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