FIIs hike stake in Reliance Industries to 25.2%
The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding.
The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding.
At the interbank foreign exchange, the rupee opened weak at 71.96 and fell further to 72.05 against the US dollar.
The domestic currency opened at 69.07 a dollar and fell further to touch the day's low of 69.46. It finally settled at 69.42 per dollar, down 25 paise over its previous close
Last week's provisional data from exchanges showed that foreign institutional investors (FIIs) became net sellers, as they off-loaded a total of Rs 2,067.19 crore worth of shares.
Foreign Institutional Investors (FII) bought shares worth Rs 675.14 crore on Thursday while Domestic Institutional Investors (DII) sold stocks worth Rs 51.86 crore, provisional data from the BSE showed.
Key Indian equity indices closed on a flat note with fractional losses on Wednesday as caution ahead of the US…