Foreign funds have resumed buying

Foreign funds have resumed buying. According to provisional data on NSE, foreign institutional investors (FIIs) were net buyers worth Rs 241.13 crore while domestic institutional investors funds bought shares worth Rs 425.83 crore on Thursday, 23 April 2009. Foreign institutional investors (FIIs) bought shares worth a net Rs 1.70 crore on Wednesday, 22 April 2009, as against an outflow of Rs 62.70 crore on Tuesday, 21 April 2009. FII inflow in April 2009

totaled Rs 4548.70 crore (till 22 April 2009). FII outflow in calendar year 2009 totaled Rs 2,122.90 crore (till 22 April 2009). 

FIIs had resorted to heavy selling of Indian stocks in the first two months of calendar 2009. Domestic institutional investors had absorbed the selling by FIIs.