Foreign institutional investors (FIIs) bought shares worth net Rs 524.70 crore on Friday, 22 July 2011, compared to an outflow of Rs 171.90 crore on Thursday, 21 July 2011.
The net inflow of Rs 524.70 crore on 22 July 2011 was a result of gross purchases Rs 2723.20 crore and gross sales Rs 2198.50 crore. There was an inflow of Rs 517.70 crore into the secondary equity markets on 22 July 2011, which was a result of gross purchases Rs 2715.40 crore and gross sales Rs 2197.70 crore. The BSE Sensex had surged 286.11 points or 1.55% to settle at 18,722.30 on that day, its highest closing level since 8 July 2011.
There was an inflow of Rs 7.10 crore into the category 'primary market & others' on Friday, 22 July 2011, which was a result of gross purchases Rs 7.80 crore and gross sales Rs 0.80 crore.
FII inflow in July 2011 totaled Rs 7306.50 crore (till 22 July 2011). FIIs had bought shares worth a net Rs 4572.20 crore in June 2011. FII inflow in calendar 2011 totaled Rs 9976.90 crore (till 22 July 2011).
FIIs had bought equities worth Rs 133266 crore in the calendar year 2010. In dollar terms the net equity inflow in 2010 totaled $29.36 billion, compared to an inflow of $17.45 billion in 2009. The annual inflow in 2010 was at record level.
There are a total of 1,720 foreign funds registered with the Securities & Exchange Board of India (Sebi).