FII investment this year net Rs. 5,900 cr.

By Our Corporate Reporter

CHENNAI, FEB. 25. The gross purchases of foreign institutional investors (FIIs) in February so far were Rs. 5,654 crores. With gross sales at Rs. 4,027 crores, net investments in both equity and debt were Rs. 1,627 crores.

According to the data available with the Securities and Exchange Board of India(SEBI), gross purchases in both equity and debt markets since the beginning of January in the current year stood at Rs. 14,255 crores and gross sales at Rs. 8,355 crores, the net investments being Rs. 5,900 crores.

In January gross purchases were Rs. 8,601 crores and gross sales Rs. 4,327.70 crores with net investments working out to Rs. 4,273.30 crores.

Gross purchases of equities during February 1-22 were Rs. 5,210.20 crores and in debt Rs. 443.40 crores. With gross sales in equity during the period at Rs. 3,669.30 crores and in debts at Rs. 357.60 crores, the net investments in equity were Rs. 1,541 crores and in debt Rs. 85.80 crores.

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