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You are here : Moneycontrol » News » Market Edge

FIIs sell $6 bn equities in H1 CY08

Published on Tue, Jul 01, 2008 at 18:20 , Updated at Tue, Jul 01, 2008 at 19:38
Source : moneycontrol.com

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June ’08 was the most disappointing month for equity market where Sensex and Nifty have lost over 17% each. Foreign Institutional Investors are keen to offload their investment from Indian equity. In June they have been remained net seller of Rs 10,577.80 crore in equity (USD 2.45 billion). This was the second highest cut by FIIs in the year 2008. In the month on January, they sold equities of Rs 17,226 crore (USD 4 billion).

Out of 21 trading sessions in June, FIIs remained net buyers in the equity only on June 06, June 17, 2008 and June 24, 2008. Due to this enormous outflow by the FIIs, the Indian equity market is witnessing a heavy sell off.
 
In the year 2008, so far FIIs remained net sellers to the tune of Rs 26,198 crore (USD 6.07 billion). In the year 2007, FIIs remained net buyers to the tune of Rs 70,940 crore (USD 16.43 billion). 

 

 

Date

Equity (Rs. Crore)

Gross Purchase

Gross Sales

Net Purchase /Sales

30-Jun-08

2,865.00

3,092.20

-227.2

27-Jun-08

3348.6

4094.7

-746.2

26-Jun-08

4,235.50

4,704.60

-469.1

25-Jun-08

2,901.60

3,005.20

-103.6

24-Jun-08

3,366.20

3,092.10

274.1

23-Jun-08

2,273.90

2,894.70

-620.8

20-Jun-08

2,501.50

3,454.00

-952.5

19-Jun-08

1,858.70

2,211.30

-352.6

18-Jun-08

2,469.90

2,919.70

-449.8

17-Jun-08

2,546.20

2,173.80

372.4

16-Jun-08

2,282.80

2,815.70

-532.9

13-Jun-08

2,712.10

2,763.90

-51.8

12-Jun-08

3,169.50

4,311.20

-1141.7

11-Jun-08

3,768.40

3,919.90

-151.5

10-Jun-08

3,311.50

4,155.50

-844

09-Jun-08

2,556.60

3,898.40

-1341.8

06-Jun-08

2,887.30

2,580.30

307

05-Jun-08

3,739.60

5,158.50

-1418.9

04-Jun-08

3,245.70

4,070.90

-825.2

03-Jun-08

2,966.80

3,919.20

-952.4

02-Jun-08

2,483.20

2,832.50

-349.3

TOTAL

61,490.60

72,068.30

-10,577.80

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#Note: (Rs 43.16 = 1 USD) 

Monthwise FIIs trading activities

Month (Year 2008)

Equity (Rs Crore)

Gross Purchase

Gross Sales

Net Purchase / Sales

May

     60,640

    65,558

     - 4,917

April

     62,970

    61,991

          979

March

     70,323

    70,198

          124

February

     76,437

    71,017

       5,420

January

  105,961

  123,188

   - 17,227

 

 

 

 

 

 

 

 

 

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