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DIIs and FIIs continue selling

This article was posted on Jul 10, 2009 and is filed under Market News

Of the 15 components of the Instanex FII Index 11 were down and four were up.

Instanex

At 3 pm, domestic institutional investors and FIIs seem to have increased their sales. The Instanex DII 15 portfolio was down 1.57% (+0.28% at 2 pm) and the Instanex FII Index was down 1.24% at 292.51 (+0.48% at 2 pm). Sensex was down 0.90% (+0.78% at 2 pm) and Nifty was down 0.64% (+0.90% at 2 pm). The other Instanex Ownership Indices were also down – the Instanex Top 15 portfolio was down 1.42% (+0.17% at 2 pm), the Instanex Promoter 15 portfolio was down 1.32% (+0.26% at 2 pm) and the Instanex Retail 15 portfolio was down 1.22% (+0.47% at 2 pm). Asian markets were mixed – Straits Times closed 0.02% higher (-0.02% at 2 pm),SET Composite was down 2.38% (-1.87% at 2 pm) and Jakarta Composite closed 1.01% lower (-0.84% at 2 pm).

Of the 15 components of the Instanex FII Index 11 were down and four were up. The main losers were Sun Pharma (-4.24%; weight 1.58%), HDFC (-3.54%; weight 13.49%) and SBI (-3.17%; weight 3.72%) and the main gainers were Infosys (+3.53%; weight 11.88%) and TCS (+1.52%; weight 2.93%).

source: Indiainfoline

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