Net purchases of Rs 1294.90 crore from the secondary equity markets on 10 March 2014
Foreign institutional investors (FIIs) sold shares worth a net Rs 3743.20 crore on Monday, 10 March 2014, compared with inflow of Rs 2672.70 crore on Friday, 7 March 2014. But, the net outflow was not due to secondary market sales but was due to FIIs successfully tendering shares in the open offer of GlaxoSmithKline Pharmaceuticals.
The net outflow of Rs 3743.20 crore on Monday, 10 March 2014, was a result of gross purchases of Rs 5115.70 crore and gross sales of Rs 8858.90 crore. There was a net inflow of Rs 1294.90 crore into the secondary equity market on Monday, 10 March 2014, which was a result of gross purchases of Rs 5115.70 crore and gross sales of Rs 3820.80 crore. The S&P BSE Sensex had risen 15.04 points or 0.07% to settle at 21,934.83 on that day, a record closing high.
There was a net outflow of Rs 5038.10 crore from the category 'primary market & others' on Monday, 10 March 2014. This outflow pertained to FIIs successfully tendering shares in the open offer of GlaxoSmithKline Pharmaceuticals.
FIIs have bought shares worth a net Rs 2004.40 crore in this month so far (till 10 March 2014). FIIs bought shares worth net Rs 1404.30 crore in February 2014.
FIIs have bought shares worth a net Rs 4123 crore in this calendar year so far (till 10 March 2014). FIIs bought shares worth a net Rs 113135.70 crore in 2013 calendar year.
There are a total of 1,721 foreign funds registered with the Securities & Exchange Board of India.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app