FIIs pull back Rs 761 crore from equity markets | business | Hindustan Times
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FIIs pull back Rs 761 crore from equity markets

business Updated: May 22, 2009 21:38 IST

Foreign institutional investors (FIIs) on Friday sold shares worth Rs 761.66 crore in the domestic stock markets, even as the benchmark indices ended in positive zone.

FIIs were the gross sellers of shares worth Rs 3,150.35 crore, while they bought stocks valued at Rs 2,388.69 crore resulting in a net sale of Rs 761.66 crore, as per the provisional data available with the Bombay Stock Exchange.

However, domestic institutional investors were bullish and made a net investment of Rs 434.53 crore in stocks.

On Thursday, FIIs had made a net investment of Rs 146.90 crore in the Indian stock markets, according to the latest data available with the Securities and Exchange Board of India (SEBI).

During the week, FIIs pumped in over Rs 6,000 crore in the domestic markets, which includes a record investment of over Rs 5,000 crore in a single day.

In today's market, proprietors and non-resident Indians (NRIs) made a net investment of Rs 111.98 crore and Rs 0.43 crore in shares, according to the BSE data.

However, brokers, on behalf of their clients, followed FIIs and sold shares worth Rs 30.38 crore.

The BSE's benchmark index Sensex today gained 150.61 points or 1.10 per cent to close at 13,887.15 points.