During the Tuesday's trade, the Foreign institutional investors has credited nice sale of shares worth Rs. 369.60 crore as compared to a loss of Rs. 779.60 crore, imposed on Monday. In addition, the net loss was found to be Rs. 369.60 crore, having a strong influence from the gross purchases of Rs. 1286.50 crore as well as gross sales of Rs. 1656.10 crore. In addition, the BSE Sensex was observed to face a down fall of 34.30 points or 0.21% and helped the figures to settle at 16,467.44.

Meanwhile, renowned engineering consultancy services provider, Meinhardt Group has announced that it is looking forward to a huge investment of Rs 100 crore, most probably within a year, in Indian market as a part of business promotional activity.

In a statement, the Chief Executive Officer of the group, S Nasim notified: "We have over 400 engineers and architects in our offices in Delhi and Chennai. We plan to double the headcount and start operating from three other cities".

The group has earned a name for its huge operational area, in more than 35 countries, as well as its efficient dealing of large scale projects. Earlier, in 2004, the company has started its operations in Indian market and employed not less than 400 engineers and architects.