MARKET TODAY
Key benchmark indices are likely to open positive following gains across the Asia-Pacific region and overnight surged in Wall Street. The SGX Nifty futures for July 2009 expiry advanced 30 points to 4420 in Singapore also pointed to a positive open for the market. Volatility will remain high as investors anxious ahead of the Union budget.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 149.82 crore while bought index options worth Rs 383.98 crore. However, they were net sellers of stock futures to the tune of Rs 292.71 crore and sold stock options worth Rs 10.81 crore.
More details http://www.16anna.com/market.asp
Tuesday, June 30, 2009
Saturday, June 27, 2009
stock news
MARKET SUMMARY
Key benchmark index bounce-back sharply on the first day of the July expiry. After open higher the index exhibited sideways movement till noon. The market extended gains after afternoon trade and ended near the days high. Rising global markets, budget expectations and hopes of improvement in monsoon rains by the first or second week of July helped the Indian market bounce back sharply. Finally the Sensex ended the day with a gain of 419.02 points, or 2.92% at 14,764.64 and Nifty climbed 133.65 points, or 3.15% at 4,375.50. Nifty has become a free-float market capitalisation based index from today. As per reports, rollover of Nifty positions from June 2009 series to July 2009 series stood at 55% as compared to 63% in the previous series. Also stock futures rollover slipped to 75% from 77% in the last series.
For more details visit http://16anna.com/market.asp
Key benchmark index bounce-back sharply on the first day of the July expiry. After open higher the index exhibited sideways movement till noon. The market extended gains after afternoon trade and ended near the days high. Rising global markets, budget expectations and hopes of improvement in monsoon rains by the first or second week of July helped the Indian market bounce back sharply. Finally the Sensex ended the day with a gain of 419.02 points, or 2.92% at 14,764.64 and Nifty climbed 133.65 points, or 3.15% at 4,375.50. Nifty has become a free-float market capitalisation based index from today. As per reports, rollover of Nifty positions from June 2009 series to July 2009 series stood at 55% as compared to 63% in the previous series. Also stock futures rollover slipped to 75% from 77% in the last series.
For more details visit http://16anna.com/market.asp
Friday, June 26, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open positive tracking gains across the global markets. The SGX Nifty futures for July 2009 expiry advanced 19 points in Singapore also pointed to a positive open for the market. However it may give up gains later in the day as forecast of below normal monsoon rains for the first time in four years and recent selling from foreign funds may dampen sentiment. Investors also anxious ahead of the Union budget in the next week.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to open positive tracking gains across the global markets. The SGX Nifty futures for July 2009 expiry advanced 19 points in Singapore also pointed to a positive open for the market. However it may give up gains later in the day as forecast of below normal monsoon rains for the first time in four years and recent selling from foreign funds may dampen sentiment. Investors also anxious ahead of the Union budget in the next week.
More details http://www.16anna.com/market.asp
Thursday, June 25, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open higher tracking positive Asian markets. Volatility will remain high as traders either rolled over or squared their positions of June series derivatives expiry today. However forecast of below normal monsoon rains for the first time in four years and recent selling from foreign funds may dampen sentiment. Traders also look forward to inflation data scheduled to be released by noon today which turned to negative in the previous week.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to open higher tracking positive Asian markets. Volatility will remain high as traders either rolled over or squared their positions of June series derivatives expiry today. However forecast of below normal monsoon rains for the first time in four years and recent selling from foreign funds may dampen sentiment. Traders also look forward to inflation data scheduled to be released by noon today which turned to negative in the previous week.
More details http://www.16anna.com/market.asp
Wednesday, June 24, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open positive as global markets offer some support. Volatility may remain high ahead of the expiry of June 2009 futures and options (F&O) contracts on Thursday, 25 June 2009. Recent selling by foreign funds may also weigh on investor sentiment. The mood is likely to be cautious ahead of the U.S. Federal Open Market Committee meeting today.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to open positive as global markets offer some support. Volatility may remain high ahead of the expiry of June 2009 futures and options (F&O) contracts on Thursday, 25 June 2009. Recent selling by foreign funds may also weigh on investor sentiment. The mood is likely to be cautious ahead of the U.S. Federal Open Market Committee meeting today.
For more details http://www.16anna.com/market.asp
Tuesday, June 23, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to gap-down open after the World Bank predicted that global recession will be deeper than forecast. However, volatility may remain high ahead of the expiry of June 2009 futures and options (F&O) contracts on Thursday, 25 June 2009. Short covering ahead of derivatives contracts expiry and support from domestic financial institutions may offer some support following recent losses.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 198.57 crore and bought index options worth Rs 348.32 crore. They were net buyers of stock futures to the tune of Rs 270.14 crore and bought stock options worth Rs 46.57 crore.
More details http://16anna.com/market.asp
Key benchmark indices are likely to gap-down open after the World Bank predicted that global recession will be deeper than forecast. However, volatility may remain high ahead of the expiry of June 2009 futures and options (F&O) contracts on Thursday, 25 June 2009. Short covering ahead of derivatives contracts expiry and support from domestic financial institutions may offer some support following recent losses.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 198.57 crore and bought index options worth Rs 348.32 crore. They were net buyers of stock futures to the tune of Rs 270.14 crore and bought stock options worth Rs 46.57 crore.
More details http://16anna.com/market.asp
Friday, June 19, 2009
stock news
MARKET TODAY
Key benchmark is likely to open higher after a sell-off in the previous session and positive Asian markets. However selling by the foreign funds this week after the recent aggressive buying in Indian stocks may cap gains. Inflation based on the wholesale price index declined 1.6% in the year through 6 June 2009 compared with the previous week's annual rise of 0.13%, data released by the government yesterday, 18 June 2009.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 220.36 crore while bought index options worth Rs 136.38 crore. However, they were net sellers of stock futures to the tune of Rs 220.7 crore and sold stock options worth Rs 7.3 crore.
For more details http://www.16anna.com/market.asp
Key benchmark is likely to open higher after a sell-off in the previous session and positive Asian markets. However selling by the foreign funds this week after the recent aggressive buying in Indian stocks may cap gains. Inflation based on the wholesale price index declined 1.6% in the year through 6 June 2009 compared with the previous week's annual rise of 0.13%, data released by the government yesterday, 18 June 2009.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 220.36 crore while bought index options worth Rs 136.38 crore. However, they were net sellers of stock futures to the tune of Rs 220.7 crore and sold stock options worth Rs 7.3 crore.
For more details http://www.16anna.com/market.asp
Thursday, June 18, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open flat tracking mixed cues from overseas markets. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were up 1 point to 4341. Traders will look forward to the inflation data for the year 6 June 2009, scheduled to be released by noon today. Inflation based on the wholesale price index (WPI) rose 0.13% in the year through 30 May 2009.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1,306.27 crore and sold index options worth Rs 22.15 crore. However, they were net buyers of stock futures to the tune of Rs 6.49 crore while sold stock options worth Rs 3.73 crore.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to open flat tracking mixed cues from overseas markets. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were up 1 point to 4341. Traders will look forward to the inflation data for the year 6 June 2009, scheduled to be released by noon today. Inflation based on the wholesale price index (WPI) rose 0.13% in the year through 30 May 2009.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1,306.27 crore and sold index options worth Rs 22.15 crore. However, they were net buyers of stock futures to the tune of Rs 6.49 crore while sold stock options worth Rs 3.73 crore.
More details http://www.16anna.com/market.asp
Wednesday, June 17, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open negative today tracking the weakness in global markets. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were down 23 points to 4494, also suggested a lower open for the Indian market. However, rise in advance tax payments reported by some of the index heavyweights led by finance stocks may ease the investor sentiment.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to open negative today tracking the weakness in global markets. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were down 23 points to 4494, also suggested a lower open for the Indian market. However, rise in advance tax payments reported by some of the index heavyweights led by finance stocks may ease the investor sentiment.
For more details http://www.16anna.com/market.asp
Tuesday, June 16, 2009
stock news
MARKET TODAY
Domestic markets are poised to gap-down open due to weakness across global markets. SGX Nifty is currently trading 4420, down 100 points which also suggests a lower opening for Indian equities. Banking stocks will see some action on reporting encouraging first quarter advance tax payments. Most companies that reported a higher tax payment for the April-June quarter an indication of improved earnings over the year-ago period.
For more details http://www.16anna.com/market.asp
Domestic markets are poised to gap-down open due to weakness across global markets. SGX Nifty is currently trading 4420, down 100 points which also suggests a lower opening for Indian equities. Banking stocks will see some action on reporting encouraging first quarter advance tax payments. Most companies that reported a higher tax payment for the April-June quarter an indication of improved earnings over the year-ago period.
For more details http://www.16anna.com/market.asp
Monday, June 15, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open lower following a subdued trend in the Asian markets this morning. However, trading may remain range bound on alternate bouts of buying and profit taking, while consistent buying by foreign funds and hopes about significant increase in infrastructure investment by the government may keep sentiment upbeat. Investors will closely watch the first installment of advance tax figures of India Inc. to be announced today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 231.22 crore and sold index options worth Rs 9.05 crore. However, they were net buyers of stock futures to the tune of Rs 338.94 crore while sold stock options worth Rs 22.91 crore.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to open lower following a subdued trend in the Asian markets this morning. However, trading may remain range bound on alternate bouts of buying and profit taking, while consistent buying by foreign funds and hopes about significant increase in infrastructure investment by the government may keep sentiment upbeat. Investors will closely watch the first installment of advance tax figures of India Inc. to be announced today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 231.22 crore and sold index options worth Rs 9.05 crore. However, they were net buyers of stock futures to the tune of Rs 338.94 crore while sold stock options worth Rs 22.91 crore.
For more details http://www.16anna.com/market.asp
Saturday, June 13, 2009
stock news
MARKET SUMMARY
Key benchmark ended lower for the second straight day as investors took profits. Market opened higher in early trade due to positive global markets. Thereafter the market came off the higher level after hitting its highest level in the past one year in mid-morning trade. A sell-off was witnessed soon after the industrial production data for in April 2009 hit the market in early afternoon trade. Better-than-expected industrial production data could not improved investor sentiment. Lower opening in the European markets added the negative sentiment. Finally the Sensex ended the day with a loss of 173.53 points, or 1.13% at 15,237.94 and Nifty declined 54.30 points, or 1.17% at 4,583.40.
For more details http://16anna.com/market.asp
Key benchmark ended lower for the second straight day as investors took profits. Market opened higher in early trade due to positive global markets. Thereafter the market came off the higher level after hitting its highest level in the past one year in mid-morning trade. A sell-off was witnessed soon after the industrial production data for in April 2009 hit the market in early afternoon trade. Better-than-expected industrial production data could not improved investor sentiment. Lower opening in the European markets added the negative sentiment. Finally the Sensex ended the day with a loss of 173.53 points, or 1.13% at 15,237.94 and Nifty declined 54.30 points, or 1.17% at 4,583.40.
For more details http://16anna.com/market.asp
Friday, June 12, 2009
stock news
MARKET TODAY
Domestic markets are poised to open higher after a solid U.S. economic data rekindled hopes the world economy was healing. Traders will be keen awaiting IIP data for further cues on domestic growth. India's industrial output is likely to have shrunk marginally in April from a year earlier. However volatility may be high as investors may remain cautious after recent surge in Indian stocks and consistent buying by foreign funds may keep sentiment upbeat.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 581.35 crore and sold index options worth Rs 347.7 crore. They were net buyers of stock futures to the tune of Rs 156.27 crore while sold stock options worth Rs 25.32 crore.
More details http://www.16anna.com/market.asp
Domestic markets are poised to open higher after a solid U.S. economic data rekindled hopes the world economy was healing. Traders will be keen awaiting IIP data for further cues on domestic growth. India's industrial output is likely to have shrunk marginally in April from a year earlier. However volatility may be high as investors may remain cautious after recent surge in Indian stocks and consistent buying by foreign funds may keep sentiment upbeat.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 581.35 crore and sold index options worth Rs 347.7 crore. They were net buyers of stock futures to the tune of Rs 156.27 crore while sold stock options worth Rs 25.32 crore.
More details http://www.16anna.com/market.asp
Thursday, June 11, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open flat tracking subdued cues from overseas markets and a massive rally in the previous session. Market may remain ranged bound and profit booking at higher levels. Traders also look forward to inflation data scheduled to be released by noon today.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 658.12 crore and bought index options worth Rs 207 crore. They were net buyers of stock futures to the tune of Rs 197.60 crore and bought stock options worth Rs 4.78 crore.
More details visit http://www.16anna.com/market.asp
Key benchmark indices are likely to open flat tracking subdued cues from overseas markets and a massive rally in the previous session. Market may remain ranged bound and profit booking at higher levels. Traders also look forward to inflation data scheduled to be released by noon today.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 658.12 crore and bought index options worth Rs 207 crore. They were net buyers of stock futures to the tune of Rs 197.60 crore and bought stock options worth Rs 4.78 crore.
More details visit http://www.16anna.com/market.asp
Wednesday, June 10, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to extend gain tracking gains in the Asian markets. The SGX Nifty futures for June 2009 expiry advanced 26 points in Singapore also pointed to a positive open for the market. Recent buying by the foreign funds may further aid investor sentiment.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 267.71 crore while sold index options worth Rs 30.46 crore. They were net sellers of stock futures to the tune of Rs 486.35 crore and sold stock options worth Rs 91.93 crore.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to extend gain tracking gains in the Asian markets. The SGX Nifty futures for June 2009 expiry advanced 26 points in Singapore also pointed to a positive open for the market. Recent buying by the foreign funds may further aid investor sentiment.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 267.71 crore while sold index options worth Rs 30.46 crore. They were net sellers of stock futures to the tune of Rs 486.35 crore and sold stock options worth Rs 91.93 crore.
More details http://www.16anna.com/market.asp
Monday, June 8, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open lower today, as investor’s cash in profits after the market soared over the past three months. Meanwhile, as a major boost to the capital markets, members of the SEBI have reportedly suggested a phased reduction of the securities transaction tax as part of a package of measures to develop the capital markets. However, on the domestic front, budget expectations will continue to keep investor sentiment upbeat.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 1,083.99 crore and bought index options worth Rs 84.42 crore. They were net sellers of stock futures to the tune of Rs 15.62 crore while bought stock options worth Rs 19.79 crore.
For more details visit http://www.16anna.com/market.asp
Key benchmark indices are likely to open lower today, as investor’s cash in profits after the market soared over the past three months. Meanwhile, as a major boost to the capital markets, members of the SEBI have reportedly suggested a phased reduction of the securities transaction tax as part of a package of measures to develop the capital markets. However, on the domestic front, budget expectations will continue to keep investor sentiment upbeat.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 1,083.99 crore and bought index options worth Rs 84.42 crore. They were net sellers of stock futures to the tune of Rs 15.62 crore while bought stock options worth Rs 19.79 crore.
For more details visit http://www.16anna.com/market.asp
Saturday, June 6, 2009
stock news
MARKET SUMMARY
Key benchmarks manage to end positive after a volatile trading session. Market opened firm on strong global cues but fell into the red in mid morning trade as cautious investors chose to book profits at some front line counters. However, the market showed upward trend after the mid session but unable to sustain at higher level and fell to pare most of its gains. Trading was volatile due to intermittent profit taking and caution ahead of the release of U.S. employment report later in the day. Positive cues from the European markets and US future helped the index to manage to end in the positive. Hopes of renewed reforms and rekindled growth by the new government also bolstered investor sentiment. Finally the Sensex ended the day with a gain of 94.87 points, or 0.63% at 15,103.55 and Nifty gained 14.25 points, or 0.31% at 4,586.90. More details http://www.16anna.com/market.asp
Key benchmarks manage to end positive after a volatile trading session. Market opened firm on strong global cues but fell into the red in mid morning trade as cautious investors chose to book profits at some front line counters. However, the market showed upward trend after the mid session but unable to sustain at higher level and fell to pare most of its gains. Trading was volatile due to intermittent profit taking and caution ahead of the release of U.S. employment report later in the day. Positive cues from the European markets and US future helped the index to manage to end in the positive. Hopes of renewed reforms and rekindled growth by the new government also bolstered investor sentiment. Finally the Sensex ended the day with a gain of 94.87 points, or 0.63% at 15,103.55 and Nifty gained 14.25 points, or 0.31% at 4,586.90. More details http://www.16anna.com/market.asp
Friday, June 5, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open positive tracking gains across the global markets. Yesterday Indian market recouped all its early loss to close near the day's high. Finally the Sensex ended the day with a gain of 137.78 points, or 0.93% at 15,008.68 and the Nifty gained 41.95 points, or 0.93% at 4,572.65. Meanwhile, hopes of renewed reforms and rekindled growth by the new government may also bolster investor sentiment. Additionally, weekend profit booking may also cap big gains.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1,013.21crore while buy index options worth Rs 513.48 crore. They were net sellers of stock futures to the tune of Rs 666.21 crore and sold stock options worth Rs 38.29 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open positive tracking gains across the global markets. Yesterday Indian market recouped all its early loss to close near the day's high. Finally the Sensex ended the day with a gain of 137.78 points, or 0.93% at 15,008.68 and the Nifty gained 41.95 points, or 0.93% at 4,572.65. Meanwhile, hopes of renewed reforms and rekindled growth by the new government may also bolster investor sentiment. Additionally, weekend profit booking may also cap big gains.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1,013.21crore while buy index options worth Rs 513.48 crore. They were net sellers of stock futures to the tune of Rs 666.21 crore and sold stock options worth Rs 38.29 crore.
For more details http://16anna.com/market.asp
Thursday, June 4, 2009
stock news
MARKET TODAY
Indian market is likely to open lower following a subdued trend in the US and rest of the Asian markets this morning. Investors will keenly watch President's address to the Lok Sabha on 4 June 2009, where she is likely to speak on disinvestment policy. Stock specific action is expected in midcap and smallcap space. Traders also look forward to inflation data scheduled to be released by noon today.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 375.88 crore while sold index options worth Rs 38.89 crore. They were net sellers of stock futures to the tune of Rs 278.85 crore while bought stock options worth Rs 17.32 crore.
For more details visit http://www.16anna.com/market.asp
Indian market is likely to open lower following a subdued trend in the US and rest of the Asian markets this morning. Investors will keenly watch President's address to the Lok Sabha on 4 June 2009, where she is likely to speak on disinvestment policy. Stock specific action is expected in midcap and smallcap space. Traders also look forward to inflation data scheduled to be released by noon today.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 375.88 crore while sold index options worth Rs 38.89 crore. They were net sellers of stock futures to the tune of Rs 278.85 crore while bought stock options worth Rs 17.32 crore.
For more details visit http://www.16anna.com/market.asp
Wednesday, June 3, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to extend gain tracking positive sentiment across the global markets. The SGX Nifty futures for June 2009 expiry advanced 35 points in Singapore also pointed to a positive open for the market. However, profit booking is not ruled out given the recent sessions of gains. Yesterday Indian marker took a breather after a four-day rally and ended on a flat note. Finally the Sensex closed at 14,875, up 34 points or 0.23% from its previous close and the Nifty slipped 5 points or 0.10% to 4,525.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 427.75 crore and sold index options worth Rs 243.95 crore. They were net sellers of stock futures to the tune of Rs 76.63 crore while bought stock options worth Rs 109.19 crore.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to extend gain tracking positive sentiment across the global markets. The SGX Nifty futures for June 2009 expiry advanced 35 points in Singapore also pointed to a positive open for the market. However, profit booking is not ruled out given the recent sessions of gains. Yesterday Indian marker took a breather after a four-day rally and ended on a flat note. Finally the Sensex closed at 14,875, up 34 points or 0.23% from its previous close and the Nifty slipped 5 points or 0.10% to 4,525.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 427.75 crore and sold index options worth Rs 243.95 crore. They were net sellers of stock futures to the tune of Rs 76.63 crore while bought stock options worth Rs 109.19 crore.
More details http://www.16anna.com/market.asp
Tuesday, June 2, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to extend gain after a slew of manufacturing data boosted hopes the world economy is stablizing. India's manufacturing activity expanded in May to its highest level in eight months, reflecting a revival in domestic demand, but weak exports are likely to remain a drag on the economy. However, trading could be choppy as investor’s book profits after a rally since early March, but net buying by foreign funds may add to positive sentiment.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 405.77 crore and bought index options worth Rs 142.38 crore. However, they were net sellers of stock futures to the tune of Rs 313.58 crore and sold stock options worth Rs 28 crore.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to extend gain after a slew of manufacturing data boosted hopes the world economy is stablizing. India's manufacturing activity expanded in May to its highest level in eight months, reflecting a revival in domestic demand, but weak exports are likely to remain a drag on the economy. However, trading could be choppy as investor’s book profits after a rally since early March, but net buying by foreign funds may add to positive sentiment.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 405.77 crore and bought index options worth Rs 142.38 crore. However, they were net sellers of stock futures to the tune of Rs 313.58 crore and sold stock options worth Rs 28 crore.
For more details http://www.16anna.com/market.asp
Monday, June 1, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to extend gain tracking positive Chinese manufacturing data added to signs the world's third-largest economy is stabilizing. On Friday, Indian market surged for the third day in a row as investors cheered better-than-expected fourth quarter GDP data. Meanwhile, oil prices climbed 1 percent to hit a fresh seven-month high today on expectations for a global economic recovery which boosted equity markets.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 803.40 crore and bought index options worth Rs 442.82 crore. However, they were net sellers of stock futures to the tune of Rs 504.47 crore and sold stock options worth Rs 1.69 crore.
More details visit http://www.16anna.com/market.asp
Key benchmark indices are likely to extend gain tracking positive Chinese manufacturing data added to signs the world's third-largest economy is stabilizing. On Friday, Indian market surged for the third day in a row as investors cheered better-than-expected fourth quarter GDP data. Meanwhile, oil prices climbed 1 percent to hit a fresh seven-month high today on expectations for a global economic recovery which boosted equity markets.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 803.40 crore and bought index options worth Rs 442.82 crore. However, they were net sellers of stock futures to the tune of Rs 504.47 crore and sold stock options worth Rs 1.69 crore.
More details visit http://www.16anna.com/market.asp
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