FIIs net sellers in equities

MUMBAI, DEC. 10. Foreign institutional investors were net sellers in equities at Rs. 147.1 crores ($ 31.4 million) for the trading week ended December 8, which saw the BSE sensitive index gaining 124.12 points.

The FII behaviour in the market was at variance with the upward movement seen in the BSE index on all the five trading days in the week ended Decemeber 8.

According to the data available with the Securities and Exchange Board of India (SEBI), FIIs were net buyers in debt to the extent of Rs. 30.1 crores ($ 6.3 million) for the week.

FIIs were net sellers in equities on December 4 (Rs. 83.7 crores - $ 17.9 million), December 5 (Rs. 63.8 crores - $ 13.6 million) and December 7 (Rs. 18.8 crores - $ 4 million) while they were net buyers on the remaining two days.

The foreign funds were net buyers in the debt segment on three days while no transaction took place on December 8.

- PTI

Send this article to Friends by E-Mail

Section  : Business
Previous : The 150,000th car
Next     : SEBI panel for simultaneous release of company
           results