Foreign institutional investors (FIIs) bought shares worth net Rs 57.10 crore on Friday, 16 May 2008, compared to their buying of Rs 729.90 crore on Thursday, 15 May 2008.
FII inflow of Rs 57.10 crore on 16 May 2008 was a result of gross purchases Rs 2882.70 crore and gross sales Rs 2825.60 crore. Sensex rose 81.40 points or 0.47% at 17,434.94 on that day.
FII inflow in May 2008 totaled Rs 257.80 crore (till 16 May 2008). FII outflow in calendar year 2008 totaled Rs 10,100.20 crore (till 16 May 2008).
There are a total of 1,354 FIIs registered with the Securities & Exchange Board of India (Sebi).
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