MARKET TODAY
Key benchmark indices are likely to open lower as investors look to take profits after weak Asian peers including China market plunged more than 5% weighing on the investor sentiment. Investors will keenly watch India's gross domestic production figures for June quarter to be announced by the Central Statistical Organisation today. GDP figure is likely to influence market movement for the day.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 288.43 crore while bought index options worth Rs 277.45 crore. However, they were net sellers of stock futures to the tune of Rs 209.18 crore while bought stock options worth Rs 59.11 crore.
For more details http://16anna.com/market.asp
Monday, August 31, 2009
Saturday, August 29, 2009
stock news
MARKET SUMMARY
Key benchmark extending gains for the seventh straight session and closed at a new 2009 high. Market opened flat on the back of mixed cues from Asian markets. The index was lackluster till noon trades but suddenly slipped as the Shanghai markets declined. However, Revival of monsoon rains, a positive opening of European markets and gains in US index futures reposed confidence and saw the indices move higher. The Nifty is above the 4700 mark and the Sensex has held above the 15900 levels. Even the Mid-Cap and the Small-Cap stocks are in demand. Finally the Sensex ended the day with a gain of 141.27 points, or 0.90% at 15,922.34 and Nifty gained 44.15 points, or 0.94% at 4,732.35.
More details http://16anna.com/market.asp
Key benchmark extending gains for the seventh straight session and closed at a new 2009 high. Market opened flat on the back of mixed cues from Asian markets. The index was lackluster till noon trades but suddenly slipped as the Shanghai markets declined. However, Revival of monsoon rains, a positive opening of European markets and gains in US index futures reposed confidence and saw the indices move higher. The Nifty is above the 4700 mark and the Sensex has held above the 15900 levels. Even the Mid-Cap and the Small-Cap stocks are in demand. Finally the Sensex ended the day with a gain of 141.27 points, or 0.90% at 15,922.34 and Nifty gained 44.15 points, or 0.94% at 4,732.35.
More details http://16anna.com/market.asp
Friday, August 28, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open on a flat note tracking the volatility across Asian peers. The SGX Nifty futures for September 2009 expiry down 12 points to 4693 in Singapore. The investors may also take home some cash after recent surge in indices. However, revival in monsoon rains, crucial for India's domestic demand driven economy may lift sentiments.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 111.93 crore and sold index options worth Rs 328.77crore.They were net buyers of stock futures to the tune of Rs 120.08 crore and bought stock options worth Rs 45.80 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open on a flat note tracking the volatility across Asian peers. The SGX Nifty futures for September 2009 expiry down 12 points to 4693 in Singapore. The investors may also take home some cash after recent surge in indices. However, revival in monsoon rains, crucial for India's domestic demand driven economy may lift sentiments.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 111.93 crore and sold index options worth Rs 328.77crore.They were net buyers of stock futures to the tune of Rs 120.08 crore and bought stock options worth Rs 45.80 crore.
For more details http://16anna.com/market.asp
Thursday, August 27, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note, as profit-taking and investor caution saw global markets pause. Volatility may remain high today as traders roll over positions in the derivatives segment from August 2009 series to September 2009 series, ahead of the expiry the August 2009 contracts today. According to government data released yesterday, inflation based on the wholesale price index (WPI) fell 0.95 % in the 12 months to 15 August 2009, its 11th successive fall compared to a 1.53 % decline in the prior week. However, all eyes are set on the Foreign Trade Policy that will be unveiled today. It is expected to contain sops for labour intensive sectors like gems and jewellery, textiles and leather.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 178.36 crore and bought index options worth Rs 131.14 crore. They were net buyers of stock futures to the tune of Rs 19.81crore and bought stock options worth Rs 105.26 crore.
More details http://16anna.com/market.asp
Key benchmark indices are likely to open on a subdued note, as profit-taking and investor caution saw global markets pause. Volatility may remain high today as traders roll over positions in the derivatives segment from August 2009 series to September 2009 series, ahead of the expiry the August 2009 contracts today. According to government data released yesterday, inflation based on the wholesale price index (WPI) fell 0.95 % in the 12 months to 15 August 2009, its 11th successive fall compared to a 1.53 % decline in the prior week. However, all eyes are set on the Foreign Trade Policy that will be unveiled today. It is expected to contain sops for labour intensive sectors like gems and jewellery, textiles and leather.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 178.36 crore and bought index options worth Rs 131.14 crore. They were net buyers of stock futures to the tune of Rs 19.81crore and bought stock options worth Rs 105.26 crore.
More details http://16anna.com/market.asp
Wednesday, August 26, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open higher with positive global cues boosting sentiment. The SGX Nifty futures for August 2009 expiry up 15 points to 4675 in Singapore. Meanwhile the likely progress of the ongoing gas dispute between the Ambani brothers ahead of the Supreme Court verdict on 1 September 2009 may also influence the markets. Short covering ahead of the F&O expiry may also help extend a 4-day rally.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 111.90 crore and bought index options worth Rs 289.08 crore. They were net sellers of stock futures to the tune of Rs 156.01 crore while bought stock options worth Rs 87.85 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open higher with positive global cues boosting sentiment. The SGX Nifty futures for August 2009 expiry up 15 points to 4675 in Singapore. Meanwhile the likely progress of the ongoing gas dispute between the Ambani brothers ahead of the Supreme Court verdict on 1 September 2009 may also influence the markets. Short covering ahead of the F&O expiry may also help extend a 4-day rally.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 111.90 crore and bought index options worth Rs 289.08 crore. They were net sellers of stock futures to the tune of Rs 156.01 crore while bought stock options worth Rs 87.85 crore.
For more details http://16anna.com/market.asp
Tuesday, August 25, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open lower tracking weakness across overseas markets. China fell more than 3% also impacted in the domestic market. Volatility is likely to remain high ahead of the August series F&O expiry on Thursday, 27 August 2009.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 984.74 crore while sold index options worth Rs 13.23 crore. They were net buyers of stock futures to the tune of Rs 597.63 crore and bought stock options worth Rs 0.66 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open lower tracking weakness across overseas markets. China fell more than 3% also impacted in the domestic market. Volatility is likely to remain high ahead of the August series F&O expiry on Thursday, 27 August 2009.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 984.74 crore while sold index options worth Rs 13.23 crore. They were net buyers of stock futures to the tune of Rs 597.63 crore and bought stock options worth Rs 0.66 crore.
For more details http://16anna.com/market.asp
Monday, August 24, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to gap-up open after US markets ended higher on Friday on the back of better-than-expected existing home sales data and relatively optimistic economic commentary from Federal Reserve Chairman Ben Bernanke. The impact of a poor monsoon has already been discounted to a large extent. Short covering ahead of the settlement of the August series contracts on Thursday and a revival in FII buying on Friday may help stocks maintain the positive momentum.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 213.93 crore and bought index options worth Rs 72.91 crore.They were net buyers of stock futures to the tune of Rs 220.51 crore and bought stock options worth Rs 6.62 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to gap-up open after US markets ended higher on Friday on the back of better-than-expected existing home sales data and relatively optimistic economic commentary from Federal Reserve Chairman Ben Bernanke. The impact of a poor monsoon has already been discounted to a large extent. Short covering ahead of the settlement of the August series contracts on Thursday and a revival in FII buying on Friday may help stocks maintain the positive momentum.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 213.93 crore and bought index options worth Rs 72.91 crore.They were net buyers of stock futures to the tune of Rs 220.51 crore and bought stock options worth Rs 6.62 crore.
For more details http://16anna.com/market.asp
Saturday, August 22, 2009
stock news
MARKET SUMMARY
The BSE Sensex rose 228.51 points or 1.52% today as investors hunted bargains on hopes poor rainfall would not hurt company earnings as much as expected and also gains in Chinese stocks underpinned sentiment. Stocks rallied in second half of the day's trading session after a subdued start. Intraday volatility was high. The market slipped in early trade on weak Asian stocks. A sustained recovery from lower level was witnessed later. The market moved between the positive and negative zone in mid-morning trade. The market surged in afternoon trade as the intraday recovery gathered strength with European stocks nudging higher in early trade.
For more details http://16anna.com/market.asp
The BSE Sensex rose 228.51 points or 1.52% today as investors hunted bargains on hopes poor rainfall would not hurt company earnings as much as expected and also gains in Chinese stocks underpinned sentiment. Stocks rallied in second half of the day's trading session after a subdued start. Intraday volatility was high. The market slipped in early trade on weak Asian stocks. A sustained recovery from lower level was witnessed later. The market moved between the positive and negative zone in mid-morning trade. The market surged in afternoon trade as the intraday recovery gathered strength with European stocks nudging higher in early trade.
For more details http://16anna.com/market.asp
stock news
MARKET SUMMARY
The BSE Sensex rose 228.51 points or 1.52% today as investors hunted bargains on hopes poor rainfall would not hurt company earnings as much as expected and also gains in Chinese stocks underpinned sentiment. Stocks rallied in second half of the day's trading session after a subdued start. Intraday volatility was high. The market slipped in early trade on weak Asian stocks. A sustained recovery from lower level was witnessed later. The market moved between the positive and negative zone in mid-morning trade. The market surged in afternoon trade as the intraday recovery gathered strength with European stocks nudging higher in early trade.
For more details http://16anna.com/market.asp
The BSE Sensex rose 228.51 points or 1.52% today as investors hunted bargains on hopes poor rainfall would not hurt company earnings as much as expected and also gains in Chinese stocks underpinned sentiment. Stocks rallied in second half of the day's trading session after a subdued start. Intraday volatility was high. The market slipped in early trade on weak Asian stocks. A sustained recovery from lower level was witnessed later. The market moved between the positive and negative zone in mid-morning trade. The market surged in afternoon trade as the intraday recovery gathered strength with European stocks nudging higher in early trade.
For more details http://16anna.com/market.asp
Friday, August 21, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open on a flat note tracking the volatility across Asian peers. The SGX Nifty futures for August 2009 expiry down 6 points to 4443 in Singapore. However, revival in monsoon rains, crucial for India's domestic demand driven economy may lift sentiments. Meanwhile, selling by foreign institutional investors may cap upside.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 326.88 crore and bought index options worth Rs 151.1 crore. They were net buyers of stock futures to the tune of Rs 471.37 crore and bought stock options worth Rs 13.95 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open on a flat note tracking the volatility across Asian peers. The SGX Nifty futures for August 2009 expiry down 6 points to 4443 in Singapore. However, revival in monsoon rains, crucial for India's domestic demand driven economy may lift sentiments. Meanwhile, selling by foreign institutional investors may cap upside.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 326.88 crore and bought index options worth Rs 151.1 crore. They were net buyers of stock futures to the tune of Rs 471.37 crore and bought stock options worth Rs 13.95 crore.
For more details http://16anna.com/market.asp
Thursday, August 20, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open higher tracking stronger Asian peers and a Wall Street rally overnight. India has enough grain stocks to ride out an expected poor harvest, but the failure of the monsoon adds to global uncertainty about food and grain stocks. However, Short covering and value buying in battered index heavyweights may help the Indian market to upside. The government will announce India's wholesale price index (WPI) in the 12 months to 8 August 2009 at around noon today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 173.75 crore while bought index options worth Rs 178.53 crore. They were net buyers of stock futures to the tune of Rs 136.27 crore and bought stock options worth Rs 190.02 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open higher tracking stronger Asian peers and a Wall Street rally overnight. India has enough grain stocks to ride out an expected poor harvest, but the failure of the monsoon adds to global uncertainty about food and grain stocks. However, Short covering and value buying in battered index heavyweights may help the Indian market to upside. The government will announce India's wholesale price index (WPI) in the 12 months to 8 August 2009 at around noon today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 173.75 crore while bought index options worth Rs 178.53 crore. They were net buyers of stock futures to the tune of Rs 136.27 crore and bought stock options worth Rs 190.02 crore.
For more details http://16anna.com/market.asp
Tuesday, August 18, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open lower tracking weakness in most of Asia and slump in US markets. Domestic economic concerns after a weak monsoon and a string of recent overseas data that has renewed doubts about a global recovery. Trading could be choppy as investors look to enter the market after its biggest fall yesterday since the budget in early July.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 163.03 crore while bought index options worth Rs 874.54 crore. However, they were net sellers of stock futures to the tune of Rs 446.03 crore and sold stock options worth Rs 9.05 crore.
More details http://16anna.com/market.asp
Key benchmark indices are likely to open lower tracking weakness in most of Asia and slump in US markets. Domestic economic concerns after a weak monsoon and a string of recent overseas data that has renewed doubts about a global recovery. Trading could be choppy as investors look to enter the market after its biggest fall yesterday since the budget in early July.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 163.03 crore while bought index options worth Rs 874.54 crore. However, they were net sellers of stock futures to the tune of Rs 446.03 crore and sold stock options worth Rs 9.05 crore.
More details http://16anna.com/market.asp
Monday, August 17, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to gap-down open after disappointing US consumer confidence data and the Asian markets seeing an across-the-board sell-off this morning. Weak progress of India's annual monsoon and its impact on GDP growth may also weigh on investor sentiment.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 239.83 crore while bought index options worth Rs 322.07 crore. However, they were net sellers of stock futures to the tune of Rs 155.37 crore and sold stock options worth Rs 10.65 crore.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to gap-down open after disappointing US consumer confidence data and the Asian markets seeing an across-the-board sell-off this morning. Weak progress of India's annual monsoon and its impact on GDP growth may also weigh on investor sentiment.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 239.83 crore while bought index options worth Rs 322.07 crore. However, they were net sellers of stock futures to the tune of Rs 155.37 crore and sold stock options worth Rs 10.65 crore.
For more details http://16anna.com/market.asp
Friday, August 14, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open on a flat note tracking mixed Asian cues. The SGX Nifty futures for August 2009 expiry down 10 points to 4610 in Singapore. India's monsoon rainfall deficit has widened further, increasing the risk of crop damage. Meanwhile, robust industrial output data announced on Wednesday may further support market amid concerns over scanty rains.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 572.52 crore while sold index options worth Rs 135 crore. However, they were net buyers of stock futures to the tune of Rs 503.68 crore and bought stock options worth Rs 77 lakh.
For more details http://16anna.com/market.asp
Key benchmark indices are likely to open on a flat note tracking mixed Asian cues. The SGX Nifty futures for August 2009 expiry down 10 points to 4610 in Singapore. India's monsoon rainfall deficit has widened further, increasing the risk of crop damage. Meanwhile, robust industrial output data announced on Wednesday may further support market amid concerns over scanty rains.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 572.52 crore while sold index options worth Rs 135 crore. However, they were net buyers of stock futures to the tune of Rs 503.68 crore and bought stock options worth Rs 77 lakh.
For more details http://16anna.com/market.asp
Thursday, August 13, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open with an upward gap, as overseas markets posted decent gains after the US Federal Reserve pointed that the economy is on recovery mode. Meanwhile, June IIP report surpassed the market and suggested that economy is recovering. However, worries over scanty rains and swine flu scare may cap upside. The government will announce India's wholesale price index (WPI) in the 12 months to 1 August 2009 at around noon today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 298.53 crore while bought index options worth Rs 314.47 crore. However, they were net sellers of stock futures to the tune of Rs 188.18 crore and sold stock options worth Rs 7.02 crore.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to open with an upward gap, as overseas markets posted decent gains after the US Federal Reserve pointed that the economy is on recovery mode. Meanwhile, June IIP report surpassed the market and suggested that economy is recovering. However, worries over scanty rains and swine flu scare may cap upside. The government will announce India's wholesale price index (WPI) in the 12 months to 1 August 2009 at around noon today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 298.53 crore while bought index options worth Rs 314.47 crore. However, they were net sellers of stock futures to the tune of Rs 188.18 crore and sold stock options worth Rs 7.02 crore.
For more details http://www.16anna.com/market.asp
Wednesday, August 12, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to gap-down open as overseas markets turned negative yet again. Investors will keenly watch June 2009 industrial output data due today for cues on the economy's strength. Industrial output had risen by a faster-than-expected 2.7% in May 2009. However, trading may remain range bound on alternate bouts of buying and profit taking.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 11.25 crore and index options worth Rs163.98 crore. They were net buyers of stock futures to the tune of Rs 498.08 crore and bought stock options worth Rs 15.43 crore.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to gap-down open as overseas markets turned negative yet again. Investors will keenly watch June 2009 industrial output data due today for cues on the economy's strength. Industrial output had risen by a faster-than-expected 2.7% in May 2009. However, trading may remain range bound on alternate bouts of buying and profit taking.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 11.25 crore and index options worth Rs163.98 crore. They were net buyers of stock futures to the tune of Rs 498.08 crore and bought stock options worth Rs 15.43 crore.
More details http://www.16anna.com/market.asp
Tuesday, August 11, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to a cautious start extend last three days of losses tracking weak global cues. On one hand, monsoon woes will play on sentiment, and on another, overseas markets continue to see-saw on growth concerns. The upside will be limited if the monsoon situation does not improve.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 118 crore while sold index options worth Rs 388.91 crore. However, they were net buyers of stock futures to the tune of Rs 380.81 crore and bought stock options worth Rs 40.49 crore.
Motre details http://www.16anna.com/market.asp
Key benchmark indices are likely to a cautious start extend last three days of losses tracking weak global cues. On one hand, monsoon woes will play on sentiment, and on another, overseas markets continue to see-saw on growth concerns. The upside will be limited if the monsoon situation does not improve.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 118 crore while sold index options worth Rs 388.91 crore. However, they were net buyers of stock futures to the tune of Rs 380.81 crore and bought stock options worth Rs 40.49 crore.
Motre details http://www.16anna.com/market.asp
Friday, August 7, 2009
stock news
Dear Sir,
Please go through the two attachments of Intraday support-resistance levels of 40 most liquid scrips. This list also be AVAILABLE in our website (www.16anna.com/specialnotes.aspx) .
We think it will be very useful for you to trade in this extreme volatile market condition. Please read "how to use" before you act on it.
Please go through the two attachments of Intraday support-resistance levels of 40 most liquid scrips. This list also be AVAILABLE in our website (www.16anna.com/specialnotes.aspx) .
We think it will be very useful for you to trade in this extreme volatile market condition. Please read "how to use" before you act on it.
Thursday, August 6, 2009
stock news
Dear Sir,
Please go through the two attachments of Intraday support-resistance levels of 40 most liquid scrips. This list also be AVAILABLE in our website (www.16anna.com/specialnotes.aspx) .
We think it will be very useful for you to trade in this extreme volatile market condition. Please read "how to use" before you act on it.
Please go through the two attachments of Intraday support-resistance levels of 40 most liquid scrips. This list also be AVAILABLE in our website (www.16anna.com/specialnotes.aspx) .
We think it will be very useful for you to trade in this extreme volatile market condition. Please read "how to use" before you act on it.
Wednesday, August 5, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open flat to positive tracking mixed cues from the global markets. Weak progress of India's annual monsoon may weigh on investor sentiment. However volatility will high and recent buying by foreign funds may supported to the market.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 427.08 crore while bought index options worth Rs 277.85 crore. They were net buyers of stock futures to the tune of Rs 62.9 crore while sold stock options worth Rs 35.11 crore.
More details http://www.16anna.com/market.asp
Key benchmark indices are likely to open flat to positive tracking mixed cues from the global markets. Weak progress of India's annual monsoon may weigh on investor sentiment. However volatility will high and recent buying by foreign funds may supported to the market.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 427.08 crore while bought index options worth Rs 277.85 crore. They were net buyers of stock futures to the tune of Rs 62.9 crore while sold stock options worth Rs 35.11 crore.
More details http://www.16anna.com/market.asp
Tuesday, August 4, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open flat as investors look to take profits after the market closed at it
Key benchmark indices are likely to open flat as investors look to take profits after the market closed at its best level in 14 months in the previous session. Auto and cement stocks will be watched on the back of healthy monthly sales for June 2009.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 358.39 crore while sold index options worth Rs 13.52 crore. However, they were net buyers of stock futures to the tune of Rs 67.41crore and bought stock options worth Rs 4.71 crore.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to open flat as investors look to take profits after the market closed at it
Key benchmark indices are likely to open flat as investors look to take profits after the market closed at its best level in 14 months in the previous session. Auto and cement stocks will be watched on the back of healthy monthly sales for June 2009.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 358.39 crore while sold index options worth Rs 13.52 crore. However, they were net buyers of stock futures to the tune of Rs 67.41crore and bought stock options worth Rs 4.71 crore.
For more details http://www.16anna.com/market.asp
Monday, August 3, 2009
stock news
MARKET TODAY
Key benchmark indices are likely to open flat to positive tracking mixed cues from the global markets. Q1 June 2009 earnings season over, the domestic bourses may track global markets in the coming days. Steel and auto stocks may be in action as they set to announce their July 2009 sales figures. But trading could be choppy as investors look to take profits after the recent surge in indices.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 189.77 crore and bought index options worth Rs 182.09 crore. They were net buyers of stock futures to the tune of Rs 239.66 crore and bought stock options worth Rs 48.55 crore.
For more details http://www.16anna.com/market.asp
Key benchmark indices are likely to open flat to positive tracking mixed cues from the global markets. Q1 June 2009 earnings season over, the domestic bourses may track global markets in the coming days. Steel and auto stocks may be in action as they set to announce their July 2009 sales figures. But trading could be choppy as investors look to take profits after the recent surge in indices.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 189.77 crore and bought index options worth Rs 182.09 crore. They were net buyers of stock futures to the tune of Rs 239.66 crore and bought stock options worth Rs 48.55 crore.
For more details http://www.16anna.com/market.asp
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