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FIIs buy shares worth Rs 477 cr

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Agencies

Posted: Nov 09, 2009 at 2050 hrs IST

Mumbai Overseas investors on Monday infused a net Rs 477.69 crore into the Indian equity markets.

Foreign institutional investors (FIIs) were the gross buyer of shares worth Rs 2,206.36 crore, whereas they sold stocks valued at Rs 1,728.67 crore, a net inflow of Rs 477.69 crore, as per the provisional data with the Bombay Stock Exchange (BSE).

However, domestic institutional investors booked profit and sold equities worth Rs 287.26 crore.

On Friday, FIIs were the net purchaser of shares worth Rs 267.60 crore, the data with the market regulator SEBI showed.

In Monday's market, proprietors and non-resident Indians followed FIIs and in combined made a net investment of Rs 87.32 crore in the stock markets, according to the BSE data.

Brokers, on the behalf of their clients offloaded shares worth Rs 75.71 crore.

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