news


FIIs sellers in F&O to the tune of Rs.412-cr
Mumbai:
Foreign institutional investors (FIIs) were net sellers to the tune of Rs411.84 crore in the futures option segment on Monday.

According to data released on the NSE website, FIIs were net sellers of index futures to the tune of Rs112.84 crore and of index options worth Rs85.52 crore. They were net sellers of stock futures to the tune of Rs212.30 crore and of sold stock options worth Rs1.18 crore.

As per data available on the Sebi website - FIIs were net sellers of stocks worth Rs252.70 crore in the spot market on Friday, while domestic mutual funds (MFs) were net buyers of shares worth Rs222.79 crore on the same day.
Back to News Review index page  

BoB, SBI and Pantaloon Retail fetch premiums in FII trades
Mumbai: Trades between FIIs generated a volume of Rs159 crore on the BSE on Tuesday. Eleven stocks were traded with a volume of 34 lakh shares on Tuesday.

SBI was traded at a premium of 18.54% on the BSE with 2.05 lakh shares changing hands at Rs1,020 as against the spot price of Rs860.45. Pantaloon Retail was traded at a premium of 9.78% on the BSE with 5,000 shares traded at Rs1,750 as compared with the spot close of Rs1,594.05.

Bank of Baroda was traded at a premium of 7.71% on the BSE with 78,405 shares changing hands at Rs253 as against the spot price of Rs234.90.
Back to News Review index page  

$2.5bn foreign funds outflow in last eight trading sessions
Mumbai: According to data filed with the Securities and Exchange Board of India, the total sell-off by foreign funds in the last eight trading sessions accounted for $2.5 billion (Rs11,131 crore).

The pull out from Korea was higher during last week at $1.549 billion, according to the Emerging Portfolio Fund Research, which tracks foreign fund flows into emerging markets.

The other major markets that have witnessed sell-off include Taiwan ($1.185 billion), followed by Thailand ($555 million).

Analysts point out, however, that India had been receiving out of proportion inflows by foreign funds. With the Indian equity markets receiving about 20-25 per cent share of overseas funds dedicated to emerging markets it was not surprising that the outflows also were higher with foreign funds turning net sellers after the rise in the US interest rates.

The benchmark BSE-30 Sensex has shed 1884.48 points or about 15 per cent from the peak of 12,671.11 points on May 11.
Back to News Review index page  

 


 search domain-b
  go
 
domain-B : Indian business : News Review : 31 May 2006 : Markets