On 17th Oct 2007 after the trading was suspended by SEBI in BSE and NSE immediately after the market opened, the Finance Minister Mr.P.Chidambaram told the reporters something like this "Please go and find out who is buying in the NSE and BSE just now. The FIIs are buying. And the markets will stabilize before evening". Now when he was talking to the reporters the markets were closed for trading.Wonder how the FIIs could be buying if the markets were closed? and wonder how he got this info? And on 17th ,if you check the figures, the FIIs were net sellers to the tune of almost Rs.2000 crores.
