Net outflow of Rs 502.80 crore on 16 August 2013
Foreign institutional investors (FIIs) sold shares worth net Rs 502.80 crore on Friday, 16 August 2013, compared with net inflow of Rs 294.70 crore on Wednesday, 14 August 2013. The stock market was closed on Thursday, 15 August 2013 on account of Independence Day Holiday.
The net outflow of Rs 502.80 crore on Friday, 16 August 2013, was a result of gross purchases of Rs 4330.40 crore and gross sales of Rs 4833.20 crore. There was a net outflow of Rs 502.50 crore from the secondary equity markets on 16 August 2013, which was a result of gross purchases of Rs 4330.10 crore and gross sales of Rs 4832.60 crore. The S&P BSE Sensex had tanked 769.41 points or 3.97% to settle at 18,598.18 on that day, its lowest closing level since 26 June 2013.
There was a net outflow of Rs 0.30 crore from the category 'primary market others' on Friday, 16 August 2013, which was a result of gross purchases of Rs 0.30 crore and gross sales of Rs 0.60 crore.
FIIs have purchased shares worth net Rs 1098.40 crore in August 2013 so far (till 16 August 2013). FIIs sold shares worth a net Rs 6086.10 crore in July 2013.
FIIs have purchased shares worth a net Rs 67190.80 crore in 2013 so far (till 16 August 2013). FIIs bought shares worth a net Rs 128359.80 crore in calendar 2012.
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There are a total of 1,754 foreign funds registered with the Securities & Exchange Board of India.
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