NEW DELHI, Aug 18: With the Asian uncertainties taking its toll all around and the domestic political instability adding to the already prevailing negative perceptions, the investment outflow by FIIs accelerated during the week ended August 14. The net FII outflow for the week under review stood at $ 50.1 million (Rs 239.6 crore).According to the latest FII investment figures released by the Securities and Exchange Board of India, the aggregate FII fund outflow for the first half of August was a whopping $ 56.3 million against net inflow of $ 19.7 million during the month of July. The Sensex had lost around 250 points during the period between August 1 and August 14. During the week ended August 14, the net FII investment outflow in equities was $ 36.5 million against a net outflow of $ 7.7 million during the previous week ended August 7. In rupee terms while net purchases were to the tune of Rs 158.5 crore, net sales were more than double that figure at Rs 313.8 crore, thus returning a net outflow of Rs 155.3 crore.
During the period under consideration, while the FIIs purchased equities worth Rs 158.5 crore during the week, they offloaded Rs 313.8 crore worth of equities. During the previous week, the corresponding figures were Rs 203.4 crore and Rs 235.9 crore, respectively.
In addition, in the debt segment, the FIIs did not make any fresh purchases, but sold debt instruments worth $ 13.9 million (Rs 57.9 crore) during the week under review. Compared to this, during the week ended August 7 there was net inflow to the tune of $ 1.5 million (Rs 6.4 crore) in this segment. The FIIs, who had withdrawn nearly Rs 1800 crore during May and June, had, for a short while reversed the earlier trend to turn net buyers during July. However, the latest figures show that the FIIs are again back to the selling game, which is reflected in the sharp fall in the Sensex to below the 3,000-level.
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