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FIIs sell equities worth Rs 511 cr

This article was posted on Nov 6, 2008 and is filed under Market News

MUMBAI: Foreign Institutional Investors sold off equities worth Rs 511.53 crore, amid the Bombay Stock Exchange barometer index Sensex losing 386 points today. FIIs invested in shares worth Rs 1,479.54 crore and shed stocks valued at Rs 1,991.07 crore, resulting in net sales of Rs 511.53 crore, as per provisional data available on the BSE.

According to information available on Sebi website, FIIs invested in equities worth Rs 339.50 crore yesterday.
Reversing their selling spree, domestic institutional investors today invested in shares worth Rs 351.57 crore on the bourses.

Meanwhile, brokers purchased Rs 22.14 crore on behalf of their clients and retail investors on the day’s trade.
Besides, non-resident Indian entities and proprietors invested in stocks valued Rs 1.53 crore and 0.06 crore respectively. The Bombay Stock Exchange benchmark index Sensex fell by 385.79 points, or 3.81 per cent, at 9,734.22 points.

source: Economictimes

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