Weekly Report: FIIs sell off Rs254.9 crore in equities
By Our Market Bureau | 31 Jan 2005
Mumbai: Foreign institutional investors (FIIs) recorded net sales of Rs254.9 crore (US $58 million) in equities for the trading week ended January 28 while mutual funds (MFs) were net purchasers at Rs133.11 crore.
The foreign funds were net sellers at Rs116.80 crore ($26.6 million) in the debt market for the period under review, according to the data available with the Securities and Exchange Board of India (SEBI).
The mutual funds were net purchasers in the debt market at Rs348.51 crore. The Stock Exchange, Mumbai, (BSE) during the week under review saw the sensex rising 235.85 points to close at 6419.09.
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