Mumbai, Nov 20

The Foreign Institutional Investors (FII) can now start buying shares of Grasim Industries and Tata Steel as the holdings of FIIs has gone below the trigger limit of 22 per cent, noted the Reserve Bank of India. The share price of Grasim Industries dropped 3.61 per cent on the BSE to close at Rs 897.05 on Thursday and Tata Steel fell 2.44 per cent to Rs 158.05.

– Our Bureau

(This article was published in the Business Line print edition dated November 21, 2008)
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