Net purchases of Rs 1294.90 crore from the secondary equity markets on 10 March 2014
Foreign institutional investors (FIIs) sold shares worth a net Rs 3743.20 crore on Monday, 10 March 2014, compared with inflow of Rs 2672.70 crore on Friday, 7 March 2014. But, the net outflow was not due to secondary market sales but was due to FIIs successfully tendering shares in the open offer of GlaxoSmithKline Pharmaceuticals.
The net outflow of Rs 3743.20 crore on Monday, 10 March 2014, was a result of gross purchases of Rs 5115.70 crore and gross sales of Rs 8858.90 crore. There was a net inflow of Rs 1294.90 crore into the secondary equity market on Monday, 10 March 2014, which was a result of gross purchases of Rs 5115.70 crore and gross sales of Rs 3820.80 crore. The S&P BSE Sensex had risen 15.04 points or 0.07% to settle at 21,934.83 on that day, a record closing high.
There was a net outflow of Rs 5038.10 crore from the category 'primary market & others' on Monday, 10 March 2014. This outflow pertained to FIIs successfully tendering shares in the open offer of GlaxoSmithKline Pharmaceuticals.
FIIs have bought shares worth a net Rs 2004.40 crore in this month so far (till 10 March 2014). FIIs bought shares worth net Rs 1404.30 crore in February 2014.
FIIs have bought shares worth a net Rs 4123 crore in this calendar year so far (till 10 March 2014). FIIs bought shares worth a net Rs 113135.70 crore in 2013 calendar year.
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There are a total of 1,721 foreign funds registered with the Securities & Exchange Board of India.
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