Signs of foreign buying fatigue emerge in India
Quotes

Signs of foreign buying fatigue emerge in India

Last Updated: Thursday, November 21, 2013, 11:33
 
 Comment 0
 
Signs of foreign buying fatigue emerge in India
Mumbai: After pumping in around USD 6 billion in Indian cash shares since late August, foreign institutional investors (FIIs) are slowing their pace of purchases.

FIIs bought shares worth 800 million rupees on Wednesday, compared with more than 10 billion rupees each on Monday and Tuesday.

Some traders also cited heavy basket selling by foreign investors in the Nifty, meaning sales of entire batches of shares by investors in the last half hour of trading on Wednesday.

Overseas investors also sold stock futures worth 6.5 billion Indian rupees over the previous two sessions as per regulatory and exchange data.





Reuters

First Published: Thursday, November 21, 2013, 11:33


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved