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FIIs pulled out $273 mn from stocks on Thursday, biggest in July

FIIs pulled out $273 mn from stocks on Thursday, biggest in July

The National Stock Exchange's bulk-deal data shows that outflows included sales by Goldman Sachs Singapore, Deutsche Securities Mauritius and Morgan Stanley Singapore in certain stocks.

Abhishek Vishnoi
  • Mumbai,
  • Updated Aug 1, 2014 11:40 AM IST
FIIs pulled out $273 mn from stocks on Thursday, biggest in July(Photo: Reuters)

Overseas investors sold shares worth Rs 16.54 billion ($273.2 million) on July 31, their biggest single-day selling since July 2, provisional exchange data shows.

Thursday also marked a second consecutive day of net sales by foreign investors, totalling $319 million.

The National Stock Exchange's bulk-deal data shows that Thursday's outflows included sales by Goldman Sachs Singapore, Deutsche Securities Mauritius and Morgan Stanley Singapore in certain stocks.

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(Reuters)

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Aug 1, 2014 10:23 AM IST
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