Mumbai, Aug 31: The foreign institutional investors (FIIs) were net buyers in equities and debt at Rs 2,091.2 crore ($450.9 million) and Rs 136.2 crore ($28.9 million) respectively during the month of August, which saw the BSE sensitive index cross the 4,200 mark. Mutual funds (MFs) netted purchases of Rs 409.7 crore in equities but recorded heavy net inflows of Rs 2,538.2 crore in debt instruments during the eighth month of 2003, according to the data available with Securities and Exchange Board of India (Sebi) here.
FIIs were net buyers in equities for 17 trading days while it was eight days in debt market, where they did not transact any activity for three days.
MFs, on the other hand, recorded net equity purchases for 13 days and 20 days in debt market.
The foreign funds recorded their highest inflows of the month in equities at Rs 299.1 crore ($64 mn) on August four followed by Rs 265.9 crore ($57.5 mn) and Rs 234.9 crore ($50.3 mn) on August 11 and first day of the month respectively.
In debt market, they were net buyers at Rs 442.6 crore ($95.7 mn), Rs 138.5 crore ($29.7 mn) and Rs 58.6 crore ($12.7 mn) on August 19, five and 22 respectively.
Bureau Report