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FIIs step up selling

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Capital Market

Net outflow of Rs 835.30 crore on 3 February 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 835.30 crore on Monday, 3 February 2014, higher than net outflow of Rs 581.60 crore on Friday, 31 January 2014.

The net outflow of Rs 835.30 crore on Monday, 3 February 2014, was a result of gross purchases of Rs 1838 crore and gross sales of Rs 2673.30 crore. There was a net outflow of Rs 744.30 crore from the secondary equity market on Monday, 3 February 2014, which was a result of gross purchases of Rs 1838 crore and gross sales of Rs 2582.30 crore. The S&P BSE Sensex had tumbled 304.59 points or 1.48% to settle at 20,209.26 on that day, its lowest closing level since 13 November 2013.

 

There was a net outflow of Rs 90.90 crore from the category 'primary market others' on Monday, 3 February 2014, which was a result of gross purchases of Rs 0.10 crore and gross sales of Rs 91 crore.

FIIs have sold shares worth a net Rs 1416.90 crore in this month so far (till 3 February 2014). FIIs bought shares worth a net Rs 714.30 crore in January 2014.

FIIs have sold shares worth a net Rs 702.40 crore in this year so far (till 3 February 2014). FIIs bought shares worth a net Rs 113135.70 crore in 2013.

There are a total of 1,725 foreign funds registered with the Securities & Exchange Board of India.

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First Published: Feb 04 2014 | 3:56 PM IST

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