FIIS IN SELLING MODE
Friday, May 09, 2008 | | |Foreign institutional investors (FIIs) sold shares worth net Rs 402.50 crore on Thursday, 8 May 2008, compared to their buying of Rs 325.10 crore on Wednesday, 7 May 2008.
FII outflow of Rs 402.50 crore on 8 May 2008 was a result of gross purchases Rs 2663.30 crore and gross sales Rs 3065.80 crore. Sensex fell 258.66 points or 1.49% at 17,080.65 on that day.
FII outflow in calendar year 2008 totaled Rs 10,835.70 crore (till 8 May 2008).
There are a total of 1,347 FIIs registered with the Securities & Exchange Board of India (Sebi)