AGAIN P-NOTES MAY PLAY

I heard a news that 1.26 Lak Crores of Rupees on P-Notes Should be Liquidated by this year end by FIIs. For that reason FII s are selling monthly 15K crores worth. In the Last time during the Market Crash our Finance Minister has given them a time of 18 months to with draw the Un accounted p-notes. All ready 6 months over out of this 18 months time. This is the Concept behind this crash. Even in coming days mkts may collapse.

FII outflow in January 2008 totaled Rs 9943.70 crore (till 23 January 2008).

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FIIs continue selling

Outflow of Rs 1351.20 crore on 24 January 2008

Foreign institutional investors (FIIs) sold shares worth net Rs 1351.20 crore on Thursday, 24 January 2008, compared to their selling of Rs 2499.90 crore on Wednesday, 23 January 2008.

FII outflow of Rs 1351.20 crore on 24 January 2008 was a result of gross purchases of Rs 5347.20 crore and gross sales Rs 6698.40 crore. The 30-share BSE Sensex declined 372.33 points or 2.12% to 17,221.74 on that day.

FII outflow in January 2008 totaled Rs 11294.90 crore (till 24 January 2008).

There are a total of 1,269 FIIs registered with the Securities & Exchange Board of India (Sebi).