FIIs step up selling

Net outflow of Rs 338.60 crore on 8 August 2013

Foreign institutional investors (FIIs) offloaded shares worth net Rs 338.60 crore on Thursday, 8 August 2013, higher than net outflow of Rs 252.90 crore on Wednesday, 7 August 2013. The stock market was closed on Friday, 9 August 2013 on account of Ramzan Id.

The net outflow of Rs 338.60 crore on Thursday, 8 August 2013, was a result of gross purchases of Rs 2886.90 crore and gross sales of Rs 3225.50 crore. There was a net outflow of Rs 338.40 crore from the secondary equity markets on 8 August 2013, which was a result of gross purchases of Rs 2886.90 crore and gross sales of Rs 3225.30 crore. The S&P BSE Sensex had jumped 124.46 points or 0.67% to settle at 18,789.34 on that day, its highest closing level since 5 August 2013.

There was an outflow of Rs 0.20 crore from the category 'primary market others' on Thursday, 8 August 2013.

FIIs have purchased shares worth net Rs 814.50 crore in August 2013 so far (till 8 August 2013). FIIs sold shares worth net Rs 6086.10 crore in July 2013.

FIIs have purchased shares worth a net Rs 66906.90 crore in 2013 so far (till 8 August 2013). FIIs bought shares worth a net Rs 128359.80 crore in calendar 2012.

There are a total of 1,752 foreign funds registered with the Securities & Exchange Board of India.

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