Foreign institutional investors (FIIs) bought shares worth a massive Rs 2352.70 crore on Thursday, 30 December 2010, much higher than an inflow of Rs 605 crore on Wednesday, 29 December 2010.
The net inflow of Rs 2352.70 crore on 30 December 2010 was a result of gross purchases Rs 4676.90 crore and gross sales Rs 2324.20 crore. There was an inflow of Rs 2346.50 crore into the secondary equity markets which was a result of gross purchases Rs 4670 crore and gross sales Rs 2323.50 crore. The BSE Sensex surged 133.04 points or 0.66% to 20,389.07 on that day.
There was an inflow of Rs 6.20 crore into the category 'primary market & others' on 30 December 2010, which was a result of gross purchases Rs 6.80 crore and gross sales Rs 0.60 crore.
FII inflow in December 2010 totaled Rs 2049.60 crore (till 30 December 2010). FIIs had bought equities worth Rs 18293.10 crore in November 2010.
FII inflow in the calendar year 2010 totaled Rs 133266 crore (till 30 December 2010). In dollar terms the net equity inflow in 2010 totaled $29.36 billion, above last year's $17.45 billion. The annual inflow in 2010 was at record level.
There are a total of 1,718 foreign funds registered with the Securities & Exchange Board of India (Sebi).
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