25 th NOVEMBER 2013 Equity

INDIAN EQUITY BENCHMARK closed flat giving up earlier 
gains to mark their third consecutive week of losses, as 
concerns grow after data showed foreign investors have 
started cutting positions. Foreign institutional investors (FIIs) 
sold shares worth 598 million rupees ($9.5 million) on 
Thursday to snap a 32-day buying streak totaling 238.84 
billion rupees, exchange and regulatory data show.


Further, Fiem Industries rallied 18.8% to Rs 268.80, after 
reporting a strong 45% year on year (yoy) jump in net profit at 
Rs 9.08 for the quarter ended September 30, 2013 (Q2).

Further, Fiem Industries rallied 18.8% to Rs 268.80, after 
reporting a strong 45% year on year (yoy) jump in net profit at 
Rs 9.08 for the quarter ended September 30, 2013 (Q2).

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