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Thursday, December 29, 2011

Investors lost Rs 20 lakh cr in stocks in 2011


The 30-scrip BSE Sensex was down by 5,334.01 points, or over 26 per cent, at 15.175.08 on December 20, against last year's close of 20,509.09
The 50-share Nifty witnessed a hefty fall of 1,590.30 points, or 25.92 per cent, to 4,544.20 on December 20 from last year's close
FIIs, the main drivers of the market, turned negative on Indian equities this year and after having injected a record Rs 1,33,266 crore, or over $29.36 billion, in 2010, pulled out Rs 2,497.50 crore, or $318.00 million, from equities till December 19,2011.
The Sensex had gained 7,817.50 points, or 81.03 per cent, in 2009 -- the highest rise in any one year in absolute terms.It spurted by another 3,044.28 points, or 17.43 per cent, in 2010.

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