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Sebi scans market trends

New Delhi, Nov. 10 (PTI): Sebi today took stock of the market situation amidst surging foreign institutional investment inflows, now at over $21 billion. The regulator also discussed risk containment measures at its two-hour long meeting here.

However, Sebi chairman G. . Bajpai said, Its just a routine meeting. The meeting assumes significance in the light of a surge in FIIs inflows, which were one of the contributors to the recent bull-run in the market.

Over 80 per cent of FII inflows have been brought in by overseas mutual and pension funds and banks but the proportion of investment by way of issuing participatory notes was small.

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