FIIs
net purchases of $1.68bn in equities in April
Mumbai: The Foreign Institutional Investors (FIIs)
have purchased heavily in equity market to net massive
inflows of Rs 7,638.2 crore ($1.68 billion) for the month
of April. In
the debt market, FIIs indulged only in offloading activity
to record net sales of Rs 918.7 crore during the first
month of fiscal 2004-05, according to the data available
with Securities and Exchange Board of India (SEBI).
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