Foreign
institutional investors (FIIs) sold shares worth a net Rs 278.10 crore
on Thursday, 21 August 2008, compared to their outflow of Rs 285.40
crore on Wednesday, 20 August 2008.
FII outflow of Rs 278.10
crore on 21 August 2008 was a result of gross purchases Rs 1419.90
crore and gross sales Rs 1698 crore. The BSE 30-share Sensex lost
434.50 points or 2.96% to 14,243.73 on that day as caution prevailed
ahead of the weekly inflation data.
FII outflow totaled Rs
1109.50 crore this month, till 21 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 28411.50 crore so far (till 21 August 2008), compared to an
inflow of a massive Rs 34246.20 crore by the same time in the previous
calendar year.
There are a total of 1472 foreign funds registered with the market regulator Securities & Exchange Board of India (Sebi).
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