Dalal Street Investments
Top

Merrill Lynch sells Reliance Energy + Jai Corp

March 16, 2008

Caught in the sub-prime web, FIIs are unwinding their positions in Shangri-La companies like Reliance Energy, Jai Corp etc. Here is what they have sold.

Merrill Lynch Cap-Espana
Reliance Energy 3.40 mn shares
Jai Corp 2.65 mn shares

Citigroup Global-Mauritius sold
Ruchi Soya 2.50 mn shares
Jet Airways 0.50 mn shares

Goldman Sachs sold
Indian Overseas Bk 18.96 mn shares
Punjab National Bk 15.26 mn shares

BSMA has sold
Sonata Software 2.10 mn shares
Dabur Pharma 1.31 mn shares

Details here.

Comments

Got something to say?






Bottom