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Overseas investors buy Indian equities worth Rs 471 cr

Last Updated: Friday, November 13, 2009 - 21:26

Mumbai: Overseas investors on Friday made a net
investment of Rs 471.12 crore in the domestic equity markets,
helping the BSE benchmark Sensex to inch closer to the 17,000
points mark.

Foreign institutional investors (FIIs) were gross buyers
of shares worth Rs 2,156.51 crore, whereas they sold equities
valued at Rs 1,685.39 crore resulting in a net investment of
Rs 471.12 crore, as per the provisional data with the Bombay
Stock Exchange (BSE).
However, domestic institutional investors booked profits
and sold stocks worth Rs 25.40 crore.

On Thursday, FIIs were net investors of shares worth Rs
151.30 crore, the latest data with the market regulator
Securities and Exchange Board of India (SEBI) shows.

In today`s trade, proprietors followed FIIs and were net
purchasers of shares worth Rs 52.09 crore, according to the
BSE data.

Meanwhile, Non-resident Indians and brokers, on the
behalf of their clients, were in selling mood and offloaded
equities valued worth Rs 321.34 crore.
The BSE Sensex -- composed of 30 bluechip stocks -- today
closed higher by 152.80 points or 0.92 per cent to close at
16,848.83 points.

Bureau Report

First Published: Friday, November 13, 2009 - 21:26
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