Foreign investments of Rs 4107 cr holds sensex above 12000 mark

(13/5/07 - bse stocks)Foreign institutional investors (FIIs) on Wednesday made a net investment of a whopping Rs 4,106.96 crore in the equity market, the biggest inflow in a single day so far this year, even as the BSE benchmark Sensex slipped into red dipping 138 points.

Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing businessNEW !!
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list

In today's market FIIs were gross buyer of shares worth Rs 6,082.60 crore and sold equities worth Rs 1,975.64 crore, resulting in a net purchase of Rs 4,106.96 crore, as per provisional data on the Bombay Stock Exchange.

An analysis of SEBI data shows the investment of Rs 4,107 crore is the biggest in a single day so far this year. Marketmen said the FII investment in the equity market today helped the Sensex retain the 12,000 level even as retail investors turned net sellers.

Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing businessNEW !!
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list

FIIs have pumped in a net of Rs 5,037.10 crore in stocks in May, while so far this year, FIIs made a net investment of Rs 5,887.50 crore in Indian equities, Sebi data shows.

While, brokers, on the behalf of their clients, sold shares worth Rs 3,868 crore, domestic institutional investors showed confidence and invested Rs 105.73 crore in equities. Proprietors and non-resident Indians booked profit and sold shares worth Rs 45 crore and Rs 1.65 crore respectively.

The BSE's 30-scrip Sensex today closed at 12,019.65 level, down 1.14 per cent or 138.38 points.

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.

Also Read :
-G20 summit updates 2009NEW!!
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started

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.

posted under - FII updates, investment in india, FII updates, FII in india, indian market updates, BSE rates, BSE live