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FIIs step up selling

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Capital Market

Net outflow of Rs 253.40 crore on 7 February 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 253.40 crore on Friday, 7 February 2014, higher than net outflow of Rs 2.30 crore on Thursday, 6 February 2014.

The net outflow of Rs 253.40 crore on Friday, 7 February 2014, was a result of gross purchases of Rs 2569.60 crore and gross sales of Rs 2823.10 crore. There was a net outflow of Rs 248.50 crore from the secondary equity market on Friday, 7 February 2014, which was a result of gross purchases of Rs 2569.60 crore and gross sales of Rs 2818.10 crore. The S&P BSE Sensex had garnered 65.82 points or 0.32% to settle at 20,376.56 on that day, its highest closing level since 31 January 2014.

 

There was an outflow of Rs 4.90 crore from the category 'primary market others' on Friday, 7 February 2014.

FIIs have sold shares worth net Rs 1921.40 crore in this month so far (till 7 February 2014). FIIs bought shares worth a net Rs 714.30 crore in January 2014.

FIIs have sold shares worth a net Rs 1206.90 crore in this year so far (till 7 February 2014). FIIs bought shares worth a net Rs 113135.70 crore in 2013.

There are a total of 1,726 foreign funds registered with the Securities & Exchange Board of India.

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First Published: Feb 10 2014 | 4:00 PM IST

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