- Written by
EquityPandit
- Posted October 23, 2008 at 9:05 am
Market bounced back from day’s low after the Finance Minister’s announcement on reversing short positions. He said SEBI has asked the FIIs to reverse short positions on borrowed shares. The Finance Minister added that short transactions are likely to be reversed over the next few days. Buying is seen in technology and capital goods stocks. However, the selling continues in metal, auto, selective oil, pharma and realty stocks. Still Market is seem to end with negative index.
Leave a comment