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  News Details
Good News
 
Bhagwati Auto Reports Good Results
 
No. of Trading Holidays comes down to 11
 
Gems and Jewellery Exports Rise 55%
 
Citibank Repays USD 20 bn to US Govt
 
November Core Sectors Growth Impressive
 
 
Bad News
 
Nifty May at Discount
   
3G Bids will Hurt Telcos
   
Political Instability is a worry
   
Inflation may Cross double digits by March
   
FII Investment in December may not cross October figure
   
 
  FIIs Selling Heavily
 
  The FIIs have been net sellers of equities on the Indian bourses continuously since February 17, and their total net sales in this period have been almost Rs 4700 crore-about $ 1 billion.This kind of selling has had its impact, and today we are very close to October 2008 lows for the indices, and much lower in case of some specific frontline stocks. It seems that the FII selling is largely due to the fear of political uncertainty after the elections. However according to many analysts, we may be very close to a bottom .
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