FIIs have offloaded stocks worth Rs 13,110 crore
The plan was activated in October last year.
This weakness is likely to continue in the near-term.
Slow pace of reforms in India is disappointing: Faber
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
The agency did not seek a reappointment in FY12.
USL is already contesting a Karnataka High Court order.
