FIIs step up selling

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Capital Market
Last Updated : Jan 30 2014 | 12:02 AM IST

Net outflow of Rs 1339.30 crore on 28 January 2014

Foreign institutional investors (FIIs) sold shares worth a net Rs 1339.30 crore on Tuesday, 28 January 2014, higher than net outflow of Rs 1304.60 crore on Monday, 27 January 2014.

The net outflow of Rs 1339.30 crore on Tuesday, 28 January 2014, was a result of gross purchases Rs 2759.30 crore and gross sales Rs 4098.50 crore. There was a net outflow of Rs 1339.50 crore from the secondary equity market on Tuesday, 28 January 2014, which was a result of gross purchases Rs 2758.40 crore and gross sales Rs 4097.90 crore. The S&P BSE Sensex had shed 23.94 points or 0.12% to settle at 20,683.51 on that day, its lowest closing level since 17 December 2013.

There was a net inflow of Rs 0.30 crore into the category 'primary market others' on Tuesday, 28 January 2014, which was a result of gross purchases of Rs 0.90 crore and gross sales of Rs 0.60 crore.

FIIs have purchased shares worth a net Rs 633.40 crore in this month so far (till 28 January 2014). FIIs bought shares worth a net Rs 16085.80 crore in December 2013.

FIIs bought shares worth a net Rs 113135.70 crore in 2013.

There are a total of 1,722 foreign funds registered with the Securities & Exchange Board of India.

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First Published: Jan 29 2014 | 4:41 PM IST

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