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Wednesday, February 11, 2009

FIIs invested Rs 368.98 cr in Indian equities

Foreign Institutional Investors (FIIs) today continued their confidence in the Indian market and invested Rs 368.98 crore in equities.

As per the provisional data available with the Bombay Stock Exchange, FIIs were the gross buyers of equities worth Rs 1,688.12 crore, while they bought shares valued at Rs 1,319.16 crore resulting in the net purchase of equities worth Rs 368.96 crore.

On Monday, FIIs had invested Rs 289.10 crore in the Indian market, the latest data available with the Securities and Exchange Board of India (SEBI) shows.

However, in today's market, Domestic Institutional Investors (DIIs) were in weak mood and offloaded equities worth Rs 116.99 crore in the market.

Following the same trend of DIIs, brokers on the behalf of their clients and non-resident Indians (NRIs) also offloaded equities worth Rs 58.90 and 0.07 crore respectively.

Meanwhile, proprietors followed FIIs' trend and invested in equities worth Rs 17.09 crore.

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