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Foreign funds' selling vigor ebbs

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Capital Market

Net FII outflow of Rs 2.30 crore on 6 February 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 2.30 crore on Thursday, 6 February 2014, compared with net inflow of Rs 80.30 crore on Wednesday, 5 February 2014.

The net outflow of Rs 2.30 crore on Thursday, 6 February 2014, was a result of gross purchases of Rs 2792.80 crore and gross sales of Rs 2795.10 crore. The entire net outflow of Rs 2.30 crore on Thursday, 6 February 2014 pertained to secondary equity market transactions. The S&P BSE Sensex had garnered 49.71 points or 0.25% to settle at 20,310.74 on that day, its highest closing level since 31 January 2014.

 

FIIs have sold shares worth net Rs 1668 crore in this month so far (till 6 February 2014). FIIs bought shares worth a net Rs 714.30 crore in January 2014.

FIIs have sold shares worth a net Rs 953.50 crore in this year so far (till 6 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 07 2014 | 3:57 PM IST

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