The market is likely to extend its Monday losses tracking weak global markets. Asian stocks fell for a second day, led by automakers and mining companies, after a New York manufacturing report missed economist estimates and commodity prices sank. U.S. stocks tumbled, marking their worst slide in a month on Monday after regional manufacturing data dented optimism about the economy's health and resource shares fell alongside commodity prices. Indian ADRs ended lower with a deep cut in all the sectors.
According to provisional data on NSE, foreign funds sold worth a net Rs. 411.54 crore on Monday, 15 June 2009. Domestic funds sold shares worth a net Rs. 586.63 crore on that day.
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