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

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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

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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.

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