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.
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