Friday, May 15, 2009

Sensex Above 12000, FIIs Pump 984 Crore Rs. in Stock Market

Foreign institutional investors (FIIs) on Friday resumed their inflow in the domestic stock market and made a net investment of Rs 983.86 crore, pushing the BSE's benchmark index to cross 12,000 level.

FIIs were the gross buyer of shares worth Rs 2,672.13 crore, whereas they sold equities valued at Rs 1,688.27 crore resulting in a net buy of shares worth Rs 983.86 crore, as per the provisional data available with Bombay Stock Exchange.

On Thursday, FIIs had pulled out a net Rs 345.70 crore from the Indian stock market, according to the data.

In today's market, domestic institutional investors made a net investment of Rs 432.47 crore in equities.

Besides, proprietors and non-resident Indians (NRIs) were also bullish and made a net investment of Rs 60.25 crore and 0.52 crore, respectively.

However, brokers on the behalf of their clients, booked profit and sold shares worth Rs 457.08 crore, the BSE data shows.

The BSE's 30-scrip Sensex today gained 300.51 points or 2.53 per cent and closed at 12,173.42 level.

Source: hindu.com

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