Mumbai: Foreign Institutional Investors continued their heavy selling for the fourth straight day and sold off equities worth Rs 1,431.56 crore, amid the bellwether equity index Sensex tumbling 1,100 points.

FIIs invested in shares worth Rs 2,253.10 crore and shed stocks valued at Rs 3,684.66, resulting in net sales of Rs 1,431.56 crore as per provisional data available on the BSE.

According to information available on Sebi website, FIIs sold of equities worth Rs 2,544.56 crore during the week.

However, domestic institutional investors purchased stocks valued at Rs 514.26 crore on the bourses.

Among other categories, brokers invested in equities worth Rs 330.77 crore on behalf of clients and retail investors and purchased shares valued at Rs 1.64 crore in the day's trade.

While, proprietors sold off equities worth Rs 80.19 crore on the bourses.

The Bombay Stock Exchange 30-share index settled at 8,701.07 points, down by 1,070.63 points or 10.96 per cent.

Source : PTI