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FIIs and NRIs Invest in Indian Equities

May 15, 2009
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Foreign institutional investors on Monday made a net investment of Rs 79.88 crore in Indian equities, even as the BSE’s benchmark index slipped 193.44 points to close at 11,682.99 level. FIIs were the gross purchaser of shares worth Rs 1,622.80 crore, whereas they sold equities worth Rs 1,542.92 crore resulting in a net buy of shares worth Rs 79.88 crore, as per the provisional data available with the Bombay Stock Exchange. On Friday, FIIs had made a net investment of Rs 1,240.60 crore, according to the latest data available with the market regulator Securities and Exchange Board of India (SEBI) shows.

However, domestic institutional investors booked profit and sold shares worth Rs 17.31 crore. Proprietors also offloaded a net Rs 46.28 crore shares in the market, according to the BSE data. Meanwhile, brokers, on behalf of their clients, and non-resident Indians (NRIs) followed FIIs and made a net investment of Rs 54.79 crore and Rs 0.31 crore respectively. The BSE’s 30-scrip Sensex today slipped 193.44 points or 1.63 per cent to close at 11,682.99 level.


News Published Under:   Non Resident Indian (NRI) |



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