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Online edition of India's National Newspaper Monday, July 23, 2001 |
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FIIs net buyers in equities
MUMBAI, JULY 22. Foreign institutional investors (FIIs) were net
buyers in equities at Rs. 280.7 crores ($59.8 million) and net
sellers in debt at Rs. 86.5 crores ($18.4 million) for the
trading week ended July 20.
Mutual funds (MFs) were net buyers, both in equities and debt at
Rs. 4.9 crores and Rs. 233.50 crores respectively during the
reporting week, according to the data available with the
Securities and Exchange Board of India here.
On July 18, FIIs bought equities worth Rs. 326.1 crores and
offloaded them to the extent of Rs. 122.8 crores, thus recording
the highest net purchases for the week at Rs. 203.3 crores ($43.3
million).
Foreign funds remained net buyers in equities on all the four
trading days, except on July 19, when they made net sales of Rs.
22 crores ($4.7 million).
In case of debt transactions, they remained net buyers for one
day (July 17) at Rs. 27.5 crores ($5.9 million).
As per the data on MFs for four days ending July 19, they
remained net buyers in equities on three days with the highest on
July 16 at Rs. 6.84 crores and net sellers in debt on July 17 at
Rs. 14.69 crores.
- PTI
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