Overseas investors buy Indian equities worth Rs 471 cr
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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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