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High volatility marks day's trading
Mumbai: The rally in stock prices over the last several sessions was snapped on Tuesday by profit booking that lead to high volatility and shaved-off the day's entire gain of almost 120 points from BSE's Sensex in the last one hour of trading. The Sensex, however, was down only by 5.48 points compared to the previous close.
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PNs account for quarter of FII funds
Mumbai: A quarter of all foreign institutional investment is through participatory notes, the Securities and Exchange Board of India said on Tuesday.
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Tata Motors to raise FII investment limit
Mumbai: Tata Motors Ltd is raising the limit of investment by foreign institutional investors to 35 per cent from the current level of 22 per cent.
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domain-B : Indian business : News Review : 31 December 2003 : markets