HomeNewsBusinessMarketsAre FIIs dumping shares borrowed from P-note accounts?

Are FIIs dumping shares borrowed from P-note accounts?

The price pattern in many stocks indicate that some foreign players are borrowing shares held in participatory note accounts, dumping those shares, and then buying them back at lower levels.

June 23, 2011 / 20:30 IST

Santosh Nair
Moneycontrol.com

Definitely, say a section of fund managers at domestic mutual funds, and dealers in foreign stock broking firms. And while it is hard to prove

first published: Jun 23, 2011 10:57 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Are FIIs dumping shares borrowed from P-note accounts?

The price pattern in many stocks indicate that some foreign players are borrowing shares held in participatory note accounts, dumping those shares, and then buying them back at lower levels.

MU01

BHE

HHM