FII buying mood slows down ?

by khalid on 11/11/2010 · 0 comments

It looks like Foreign institutional investors (FIIs) are changing their mood. For the last two days they become the seller after a long time. FIIs sold shares worth a net Rs -32.52 crore on Wednesday, 10th November 2010 and a net Rs -60.42 crore on Thursday, 11th November 2010.

The net outflow of Rs -32.52 crore on 10 November 2010 was a result of gross purchases Rs 2845.15 crore and gross sales Rs 2877.67 crore. Similarly the net outflow of Rs -60.42 crore on 11 November 2010 was a result of gross purchases Rs 3042.74 crore and gross sales Rs 3103.16 crore. The BSE Sensex declined 56.77 points or 0.27%, to 20,875.71 on 10 November 2010 and declined 286.62 points or -1.37%, to 20,589.09 on 10 November 2010.

FIIs had bought equities worth Rs 28,562.90 crore in October 2010. FII inflow in the calendar year 2010 totaled Rs 1,30,081.10 crore (till 11 November 2010).

There are a total of 1737 foreign funds registered with the Securities & Exchange Board of India (SEBI).

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