FIIs were net sellers at Rs2.65bn

FIIs were net sellers at Rs2.65bn (provisional) in the cash segment on Tuesday while the local institutions pumped in Rs1.95bn. In the F&O segment, foreign funds were net buyers of Rs2bn. On Tuesday, FIIs were net sellers at Rs3.6bn in the cash segment, taking their total outflows in the year 2008 to more than US$13bn. Mutual Funds offloaded shares worth Rs450mn on the same day.