Happy selling by FII

Outflow of Rs 472.80 crore on 4 March 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 472.80 crore on Tuesday, 4 March 2008, compared to their selling of Rs 683.50 crore on Monday, 3 March 2008.

FII outflow of Rs 472.80 crore on 4 March 2008 was a result of gross purchases Rs 3551.10 crore and gross sales Rs 4023.90 crore. The 30-share BSE Sensex lost 337.99 points or 2.03% at 16,339.89 on that day.

FII outflow in calendar year 2008 totaled Rs 12,702.90 crore (till 4 March 2008).

There are a total of 1,303 FIIs registered with the Securities & Exchange Board of India (Sebi).