| FIIs, promoters lose 16-20% in mkt meltdown |
| BS Research / Mumbai January 21, 2008 |
| Other than company promoters, foreign institutional investors (FIIs) were the largest losers in the current market fall. The BSE Sensex, in the last six trading days, declined a record 3,222.10 points - from 20,827.45 to 17,605.35. The total market capitalisation of the actively-traded stocks fell by Rs 11,85,687 crore to Rs 59,53,526 crore. The aggregate market value of equity shares in which FIIs hold stakes was eroded by Rs 164,518 crore in the last six trading days. The FIIs |
