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February 6, 2001 		Feedback  
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SEBI lowers foreign buying figures

In an unusual move, the Securities and Exchange Board of India has slashed the amount shown on its Web site for net foreign buying of Indian equities last Friday.

On its Web site (http://www.sebi.gov.in), the amount has been restated as $15.4 million. It had previously been given as $78.4 million.

The information is closely watched as foreign fund inflows and outflows can exert a strong influence on Indian stock markets.

According to the latest information on the website, foreign investors bought Rs 3,340 million of Indian equities last Friday and sold Rs 2,619 million worth.

On Monday, SEBI's Web site showed foreigners purchased Rs 6,284 million and sold Rs 2,619 million of Indian equities last Friday.

SEBI officials declined to comment on the reason for the change.

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