FIIs pull out nearly Rs 1000 crore in three days

by khalid on 04/09/2009 · 0 comments

FII

FII’s are selling in equities for the third day in a row on 2 September 2009, after their inflows declined sharply in August 2009 from heavy inflows in July 2009.

FIIs pulled out Rs 962.90 crore in three trading sessions from Monday, 31 August 2009 to Wednesday, 2 September 2009. The inflow of foreign funds slowed sharply last month. FII inflow in August 2009 totaled Rs 4028.80 crore. Foreign funds had bought equities worth Rs 11,625.20 crore in July 2009.

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