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FIIs continue selling

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Capital Market

Net outflow of Rs 43.70 crore on 28 May 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 43.70 crore on Wednesday, 28 May 2014, compared with net outflow of Rs 223.40 crore on Tuesday, 27 May 2014.

The net outflow of Rs 43.70 crore on Wednesday, 28 May 2014, was a result of gross purchases of Rs 5777.80 crore and gross sales of Rs 5821.50 crore. There was a net outflow of Rs 254.60 crore from the secondary equity market on Wednesday, 28 May 2014, which was a result of gross purchases of Rs 5562.20 crore and gross sales of Rs 5816.80 crore. The S&P BSE Sensex had gained 6.58 points or 0.03% to settle at 24,556.09 on that day, its highest closing level since 26 May 2014.

 

There was a net inflow of Rs 210.90 crore into the category 'primary market & others' on Wednesday, 28 May 2014, which was a result of gross purchases of Rs 215.50 crore and gross sales of Rs 4.60 crore.

FIIs have bought shares worth a net Rs 14446.80 crore in this month so far (till 28 May 2014). FIIs purchased shares worth a net Rs 9602.40 crore in April 2014.

FIIs have bought shares worth a net Rs 46244.90 crore in this calendar year so far (till 28 May 2014). FIIs bought shares worth a net Rs 113135.70 crore in 2013 calendar year.

There are a total of 1,708 foreign funds registered with the Securities & Exchange Board of India.

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First Published: May 29 2014 | 4:20 PM IST

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