Business Standard

Global Tele To Allot Shares To Fccb Holders

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BSCAL

For the bourses which have always looked to FII investments for a rise in indices, the four successive days' net outflow could come as a dampener.

Though the net outflow in these four days is only to the tune of Rs 120 crore, players say this trend could continue if events on the Indo-Pak border are not brought under control soon enough.

Interestingly, the net outstanding position has also been creeping up and at the end of yesterday's trading it stood at Rs 1,112 crore.

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First Published: Nov 13 1999 | 12:00 AM IST

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