George Soros' Quantum Fund was a big seller in Indian markets today, at a time when the Sensex crashed by 600 points. Is it just a beginning of a bigger outflow from FIIs? Or is there more to this than what meets the eye?
Quantum Fund's transactions that were reported on the BSE today were:
> Ansal Infra 1,391,912 shares @ 267 = Rs.37 crore
> Apollo Hospital 762,551 shares @ 488 = Rs.37.2 crore
> Aurobindo Pharma 2,211,710 shares @ 636 = Rs.141 crore
> GVK Power 2,254,150 shares @ 532 = Rs.120 crore
> Shriram Transport 3,200,000 shares @ 160 = Rs.51.2 crore
> TOTAL = Rs.386 crore (close to USD 100 million).