New Delhi, Dec 29: During the week ended December 25, foreign institutional invesors (FIIs) have brought in $4.4 million to the Indian capital market. According to figures released by the Securities and Exchange Board of India (Sebi) on December 29, while the FIIs were net sellers to the tune of $1.4 million in the debt segment of the market, their net purchases in the equity segment was worth $6.8 million, more than offsetting the net outflow from the debt segment.According to the Sebi figures, during the week under review, the gross FII purchases were pegged at Rs 190.5 crore while gross sales were at Rs 172 crore, giving a net purchase figure of Rs 18.5 crore ($4.4 million).
In the equity segment of the market, the FIIs had purchased equities worth Rs 190.5 crore and sold for Rs 165.9 crore, a net inflow figure of Rs 24.6 crore ($5.8 million).
In the debt segment, the FIIs did not make any fresh purchases while they sold instruments worth Rs 6.1 crore, a net outflow figure of Rs 6.1 crore or $1.4million. For the last three months in continuation, the FIIs did not make any fresh purchases in this segment of the market.
During the current month till December 25, net FII inflow is at Rs 230 crore which translates into $54.3 million against a net outflow of $172.1 million during the month of December 1997. During the current month FIIs had purchased equties worth Rs 1109 crore while their gross sales were at Rs 765.3 crore.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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