Business Standard

FIIs step up selling

Image

Capital Market

Outflow of Rs 618.90 crore on 9 April 2013

Foreign institutional investors (FIIs) sold shares worth a net Rs 618.90 crore on Tuesday, 9 April 2013, higher than outflow of Rs 104.20 crore on Monday, 8 April 2013.

The net outflow of Rs 618.90 crore on Tuesday, 9 April 2013, was a result of gross purchases Rs 2091.40 crore and gross sales Rs 2710.30 crore. There was a net outflow of Rs 624.50 crore from the secondary equity markets on Tuesday, 9 April 2013, which was a result of gross purchases Rs 2080.10 crore and gross sales Rs 2704.60 crore. The S&P BSE Sensex had shed 211.30 points or 1.15% to settle at 18,226.48 on that day, its lowest closing level since 13 September 2012.

 

There was a net inflow of Rs 5.50 crore into the category 'primary market others' on Tuesday, 9 April 2013, which was a result of gross purchases Rs 11.30 crore and gross sales Rs 5.80 crore.

FIIs have sold shares worth Rs 206.50 crore in April 2013 so far (till 9 April 2013). FIIs had purchased shares worth Rs 9124.30 crore in March 2013.

FIIs have purchased shares worth net Rs 55415.90 crore in 2013 so far (till 9 April 2013). FIIs bought shares worth net Rs 128359.80 crore in calendar 2012.

There are a total of 1,760 foreign funds registered with the Securities & Exchange Board of India.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 10 2013 | 4:28 PM IST

Explore News