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Thursday, April 9, 2009

FIIs buy shares worth Rs 171 crore

Foreign institutional investors on Thursday were the net buyer of shares worth Rs 170.92 crore amid a marginal gain of nearly 61.52 points or 0.57 per cent in the benchmark index of the Bombay Stock Exchange.

FIIs were the gross buyer of shares worth Rs 2,076.63 crore whereas they sold stocks worth Rs 1,905.71 crore, resulting in a net purchase of shares worth Rs 170.92 crore, the provisional data available with the BSE shows.

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On Wednesday, FIIs were the net buyer of shares worth Rs 484.10 crore, the latest data available with the market regulator Securities and Exchange Board of India shows.

Similar trend was witnessed among the domestic institutional investors (DIIs). As per the BSE data, DIIs were the net purchaser of stocks worth Rs 308.39 crore.

However, two other market participants -- brokers on the behalf of their clients and non-resident Indians (NRIs) booked profit and were altogether seller of shares worth Rs 77.42 crore.

Proprietors, on the other hand, were optimistic about the market and invested a net Rs 24.90 crore in shares.

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