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FIIs step up selling

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Net outflow of Rs 1304.60 crore on 27 January 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 1304.60 crore on Monday, 27 January 2014, higher than net outflow of Rs 195.60 crore on Friday, 24 January 2014.

The net outflow of Rs 1304.60 crore on Monday, 27 January 2014, was a result of gross purchases Rs 2764.10 crore and gross sales Rs 4068.70 crore. There was a net outflow of Rs 1280.20 crore from the secondary equity market on Monday, 27 January 2014, which was a result of gross purchases Rs 2764.10 crore and gross sales Rs 4044.20 crore. The S&P BSE Sensex had plunged 426.11 points or 2.02% to settle at 20,707.45 on that day, its lowest closing level since 7 January 2014.

 

There was an outflow of Rs 24.50 crore from the category 'primary market others' on Monday, 27 January 2014.

FIIs have purchased shares worth a net Rs 1972.70 crore in this month so far (till 27 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.

There are a total of 1,722 foreign funds registered with the Securities & Exchange Board of India.

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First Published: Jan 28 2014 | 4:25 PM IST

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