Should India be able to decouple itself from US Subprime Impact?

Tuesday, September 4, 2007

Equities seen consolidating; global cues mixed

MUMBAI: The market is seen in a consolidation mode on Tuesday. There are no cues to look forward to from global shores since US markets were shut Monday for Labour Day while Asian indices opened mixed today.
Foreign institutional investors net buying of equity worth Rs 418.07 crore on Monday is encouraging. Domestic institutional investors, however, net sold Rs 16.52 crore of equity, as per provisional data on NSE.

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