Don’t miss the latest developments in business and finance.

FPIs on a selling drive

Image
Capital Market
Last Updated : May 11 2015 | 5:31 PM IST

Net outflow of Rs 348.90 crore on 8 May 2015

Foreign portfolio investors (FPIs) offloaded shares worth a net Rs 348.90 crore on Friday, 8 May 2015, compared with their outflow of Rs 1293.33 crore during the preceding trading session on 7 May 2015.

The net outflow of Rs 348.90 crore on 8 May 2015 was a result of gross purchases of Rs 4302.05 crore and gross sales of Rs 4650.95 crore. There was a net outflow of Rs 354.75 crore from the secondary equity market on 8 May 2015, which was a result of gross purchases of Rs 4257.31 crore and gross sales of Rs 4612.06 crore. The S&P BSE Sensex rose 506.28 points or 1.9% to settle at 27,105.39, its highest closing level since 5 May 2015.

There was a net inflow of Rs 5.85 crore from the category 'primary market & others' on 8 May 2015, which was a result of gross purchases of Rs 44.74 crore and gross sales of Rs 38.89 crore.

FPIs have sold shares worth a net Rs 6883.57 crore in this month so far (till 8 May 2015). They have sold shares worth a net Rs 6908.19 crore from the secondary equity markets in this month so far (till 8 May 2015). FPIs had bought shares worth a net Rs 12078.12 crore last month. They had bought shares worth a net Rs 10155.09 crore from the secondary markets last month.

FPIs have bought shares worth a net Rs 41309.98 crore in calendar year 2015 so far (till 8 May 2015). They have bought shares worth a net Rs 33221.57 crore from the secondary equity markets in calendar year 2015 so far (till 8 May 2015). FPIs had bought shares worth a net Rs 97055.90 crore in the calendar year 2014. They had bought shares worth a net Rs 84440.80 crore from the secondary equity markets in calendar year 2014.

Powered by Capital Market - Live News

More From This Section

First Published: May 11 2015 | 4:26 PM IST

Next Story