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Friday, Jan 07, 2005

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FIIs turn net sellers in all segments

Our Bureau

Mumbai , Jan. 6

AFTER a long time, foreign institutional investors (FIIs) turned into net sellers in all segments of the capital market on Wednesday.

According to SEBI data, FIIs were net sellers in the equity, debt and derivatives market valued over Rs 1,350 crore.

The data released by SEBI said that FIIs were net sellers of Rs 57.90 crore in equity and Rs 535.40 crore in debt.

In the equity derivatives segment, FIIs were net sellers in index futures to the tune of Rs 637.64 crore and stock futures of Rs 130.48 crore.

After the close of the market on Thursday, stockbrokers attributed the heavy selling by FIIs in index futures to the sharp fall in stock prices on Wednesday.

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