FIIs net sellers in equities and debt

MUMBAI, SEPT. 23. Foreign institutional investors (FIIs) were net sellers in equities and debt at Rs. 159.9 crores ($34 million) and Rs.237.9 crores ($50.4 Million) respectively during the week ended September 21.

Mutual funds (MFs) were net buyers in equities at Rs. 83.89 crores and net sellers in debt at Rs. 94.81 crores during the first four trading days, according to data available with the Securities and Exchange Board of India (SEBI).

FIIs and MFs were more active in the debt market with the former indulging only in selling activity worth Rs. 276.3 crores ($58.6 million) on September 20, the highest for the week.

FIIs were net sellers in equity market on first three days at Rs. 109.8 crores ($23.3 million), Rs.101.3 crores ($21.5 million) and Rs. 42.7 crores ($9.1 million) on September 17, 18 and 19 respectively.

MFs were net buyers in equities and net sellers in debt on all the four days beginning September 17.

- PTI

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Section  : Business
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