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.
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