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FIIs step up selling

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Capital Market
Last Updated : Feb 03 2014 | 11:56 PM IST

Net outflow of Rs 581.60 crore on 31 January 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 581.60 crore on Friday, 31 January 2014, higher than net outflow of Rs 184.40 crore on Thursday, 30 January 2014.

The net outflow of Rs 581.60 crore on Friday, 31 January 2014, was a result of gross purchases of Rs 2845.80 crore and gross sales of Rs 3427.30 crore. There was a net outflow of Rs 625 crore from the secondary equity market on Friday, 31 January 2014, which was a result of gross purchases of Rs 2801.90 crore and gross sales of Rs 3426.90 crore. The S&P BSE Sensex had gained 15.60 points or 0.08% to 20,513.85 on that day, its highest closing level since 29 January 2014.

There was a net inflow of Rs 43.40 crore into the category 'primary market others' on Friday, 31 January 2014, which was a result of gross purchases of Rs 43.90 crore and gross sales of Rs 0.50 crore.

FIIs have purchased shares worth a net Rs 714.30 crore in January 2014. FIIs bought shares worth a net Rs 16085.80 crore in December 2013.

FIIs bought shares worth a net Rs 113135.70 crore in 2013.

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There are a total of 1,726 foreign funds registered with the Securities & Exchange Board of India.

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First Published: Feb 03 2014 | 3:49 PM IST

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