MARKET SUMMARY
The markets gave a thumps up to the Union Budget and moved upwards strongly though it later gave up much of the gains towards the later half of the day. The thrust of infrastructure spending, raising of tax slabs rates and the partial roll back in the stimulus as expected had a positive effect on the indices. From the sectoral front, most of the buying was seen in Auto, Metal, Bankex, HC, and Realty and Oil&Gas stocks. FMCG and IT witnessed most of the selling pressure. BSE Midcap and Smallcap stocks closed with gain. The BSE Sensex closed higher by 175.35 points at 16,429.55 and NSE Nifty ended higher by 62.55 points at 4,922.30. BSE Midcap and Small cap closed with gain of 92.76 and 86.45 points at 6,397.82 and 8,067.40 respectively. The BSE Sensex touched intraday high of 16,669.25 and intraday low of 16,249.67.
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Saturday, February 27, 2010
Friday, February 26, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open flat to positive tracking supportive Asian markets. Wall Street ended lower on concerns about lingering economic weakness in the U.S. Asian stock markets were trading higher, despite the negative lead on Wall Street. Market is likely to volatile today as Finance Minister Pranab Mukherjee presents the Union Budget for 2010-11 today. Markets are waiting for a trigger and this trigger could be 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 242.72 crore, while they bought index options worth Rs 474.96 crore. They were net buyers of stock futures to the tune of Rs 321.48 crore and bought stock options worth Rs 91.30 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open flat to positive tracking supportive Asian markets. Wall Street ended lower on concerns about lingering economic weakness in the U.S. Asian stock markets were trading higher, despite the negative lead on Wall Street. Market is likely to volatile today as Finance Minister Pranab Mukherjee presents the Union Budget for 2010-11 today. Markets are waiting for a trigger and this trigger could be 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 242.72 crore, while they bought index options worth Rs 474.96 crore. They were net buyers of stock futures to the tune of Rs 321.48 crore and bought stock options worth Rs 91.30 crore.
More details http://www.16anna.com
Thursday, February 25, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open positive as global cues are supportive. Wall Street rebounded strongly yesterday as sentiment got a lift from Federal Reserve chairman Ben Bernanke' signal that near-zero interest rates were still needed. Asian stock markets traded mixed after U.S. Federal Reserve Chairman Ben Bernanke said interest rates would remain at very low levels for a long time, boosting global stocks. However, volatility may remain high on the bourses as trader’s rollover positions in the derivatives segment from February series to March series today. The Economic Survey will be tabled in the parliament today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 700.30 crore, while they sold index options worth Rs 250.40 crore. They were net buyers of stock futures to the tune of Rs 277.19 crore and sold stock options worth Rs 73.58 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open positive as global cues are supportive. Wall Street rebounded strongly yesterday as sentiment got a lift from Federal Reserve chairman Ben Bernanke' signal that near-zero interest rates were still needed. Asian stock markets traded mixed after U.S. Federal Reserve Chairman Ben Bernanke said interest rates would remain at very low levels for a long time, boosting global stocks. However, volatility may remain high on the bourses as trader’s rollover positions in the derivatives segment from February series to March series today. The Economic Survey will be tabled in the parliament today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 700.30 crore, while they sold index options worth Rs 250.40 crore. They were net buyers of stock futures to the tune of Rs 277.19 crore and sold stock options worth Rs 73.58 crore.
More details http://www.16anna.com
Tuesday, February 23, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note tracking weak global cues. Wall Street stocks drifted lower yesterday as the market paused after a week of solid gains. Major Asian stock indexes were mostly lower in the opening trade, after U.S. stocks finished flat as Investors choosing to take profits after the previous session's sharp upward move. The market is likely to remain highly volatile this week with the focus being on the Railway Budget on 24 February 2010. It will be followed by tabling of Economic Survey on 25 February 2010 and the Union Budget on 26 February 2010. Derivatives expiry on Thursday, 25 February 2010 is also likely to add volatility on the bourses.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 354.21 crore, while they bought index options worth Rs 186.24 crore. They were net buyers of stock futures to the tune of Rs 380.53 crore and sold stock options worth Rs 9.43 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open on a subdued note tracking weak global cues. Wall Street stocks drifted lower yesterday as the market paused after a week of solid gains. Major Asian stock indexes were mostly lower in the opening trade, after U.S. stocks finished flat as Investors choosing to take profits after the previous session's sharp upward move. The market is likely to remain highly volatile this week with the focus being on the Railway Budget on 24 February 2010. It will be followed by tabling of Economic Survey on 25 February 2010 and the Union Budget on 26 February 2010. Derivatives expiry on Thursday, 25 February 2010 is also likely to add volatility on the bourses.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 354.21 crore, while they bought index options worth Rs 186.24 crore. They were net buyers of stock futures to the tune of Rs 380.53 crore and sold stock options worth Rs 9.43 crore.
More details http://www.16anna.com
Friday, February 19, 2010
stock news
Dear Sir,
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Regards
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Guiness Securities Limited
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Phone : 033 30015555
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.
Regards
Guiness Research Team
Guiness Securities Limited
18, D.Park Road.
Kolkata - 700026
Phone : 033 30015555
Wednesday, February 17, 2010
stock news
MARKET TODAY
Market is likely to open higher on the back of strong global cues. US stocks showed a strong upward move over the course of the trading day, as bullish sentiment took off on the back of strong manufacturing data, a flurry of merger activity and easing concerns about Greece's debt crisis. Major Asian markets opened with a jump, following a greater than 1.5 percent rise by Dow Jones Industrial Average overnight. Meanwhile, FII buying in the past two sessions may also help to lift investor sentiment for the domestic market.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 225.9 crore and bought index options worth Rs 344.33 crore. They were net sellers of stock futures to the tune of Rs 7.13 crore while sold stock options worth Rs 5.84 crore.
More details http://www.16anna.com
Market is likely to open higher on the back of strong global cues. US stocks showed a strong upward move over the course of the trading day, as bullish sentiment took off on the back of strong manufacturing data, a flurry of merger activity and easing concerns about Greece's debt crisis. Major Asian markets opened with a jump, following a greater than 1.5 percent rise by Dow Jones Industrial Average overnight. Meanwhile, FII buying in the past two sessions may also help to lift investor sentiment for the domestic market.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 225.9 crore and bought index options worth Rs 344.33 crore. They were net sellers of stock futures to the tune of Rs 7.13 crore while sold stock options worth Rs 5.84 crore.
More details http://www.16anna.com
Tuesday, February 16, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open positive due to absence of the global cues. The US markets were closed yesterday on account of President's Day. Most of the Asian markets like China, Hong Kong, Singapore and Taiwan markets are shut for trade today. The Japanese stock market is open higher with cautious trades as no significant triggers around, and concerns about China's monetary tightening and Greek debt problems hurting a bit, buying remains quite selective in morning trades. Meanwhile, the wholesale price index rose 8.56 % in January from a year earlier, its highest since November 2008 and accelerating from a 7.3 % gain in December, data showed yesterday. However, equities may remain ranged due to the absence of any fresh triggers.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 108.09 crore and bought index options worth Rs 186.01 crore. However, they were net sellers of stock futures to the tune of Rs 1.38 crore and sold stock options worth Rs 1.33 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open positive due to absence of the global cues. The US markets were closed yesterday on account of President's Day. Most of the Asian markets like China, Hong Kong, Singapore and Taiwan markets are shut for trade today. The Japanese stock market is open higher with cautious trades as no significant triggers around, and concerns about China's monetary tightening and Greek debt problems hurting a bit, buying remains quite selective in morning trades. Meanwhile, the wholesale price index rose 8.56 % in January from a year earlier, its highest since November 2008 and accelerating from a 7.3 % gain in December, data showed yesterday. However, equities may remain ranged due to the absence of any fresh triggers.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 108.09 crore and bought index options worth Rs 186.01 crore. However, they were net sellers of stock futures to the tune of Rs 1.38 crore and sold stock options worth Rs 1.33 crore.
More details http://www.16anna.com
Monday, February 15, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open flat to positive due to absence of global cues as most of the Asian markets were closed for the Lunar New Year holiday celebrations. Asian markets moving up in early trades on the back a better-than-expected jump in GDP, the Japanese stock market is drifting lower with the weak close on Wall Street on Friday and the Chinese government's monetary tightening moves hurting sentiment to an extent. However, Industrial output grew 16.8% in December from a year earlier, well above a revised annual rise of 11.8% in November and higher than analysts' forecast of 12%, data release on Friday. Stock-specific action may be on the cards on pre-budget expectations
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 675.51 crore and bought index options worth Rs 110.96 crore. They were net buyers of stock futures to the tune of Rs 292.88 crore while sold stock options worth Rs 1.98 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open flat to positive due to absence of global cues as most of the Asian markets were closed for the Lunar New Year holiday celebrations. Asian markets moving up in early trades on the back a better-than-expected jump in GDP, the Japanese stock market is drifting lower with the weak close on Wall Street on Friday and the Chinese government's monetary tightening moves hurting sentiment to an extent. However, Industrial output grew 16.8% in December from a year earlier, well above a revised annual rise of 11.8% in November and higher than analysts' forecast of 12%, data release on Friday. Stock-specific action may be on the cards on pre-budget expectations
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 675.51 crore and bought index options worth Rs 110.96 crore. They were net buyers of stock futures to the tune of Rs 292.88 crore while sold stock options worth Rs 1.98 crore.
More details http://www.16anna.com
Saturday, February 13, 2010
stock news
MARKET SUMMARY
Domestic markets exhibited a strong performance on the back of strong global cues. The government’s decision to ease foreign investment rules also contributed to the positive sentiments. But India’s food price index grew for the year to 17.94% for the week ended 30th January 2010. Profit booking was seen during the mid session but towards the end all ended well. Most of the buying was witnessed in Oil & Gas, Auto, Realty, Metal, FMCG, Bank and IT stocks. BSE Midcap and Smallcap stocks also favour among the investors. The BSE Sensex closed higher by 230.42 points at 15,922.17 and NSE Nifty ended up by 69.65 points at 4,826.85. BSE Midcap and Smallcap closed with gains of 50.33 and 67.28 points at 6,509.74 and 8,303.08 respectively. The Sensex touched intraday high of 16,202.87 and intraday low of 15,928.28.
More details http://www.16anna.com
Domestic markets exhibited a strong performance on the back of strong global cues. The government’s decision to ease foreign investment rules also contributed to the positive sentiments. But India’s food price index grew for the year to 17.94% for the week ended 30th January 2010. Profit booking was seen during the mid session but towards the end all ended well. Most of the buying was witnessed in Oil & Gas, Auto, Realty, Metal, FMCG, Bank and IT stocks. BSE Midcap and Smallcap stocks also favour among the investors. The BSE Sensex closed higher by 230.42 points at 15,922.17 and NSE Nifty ended up by 69.65 points at 4,826.85. BSE Midcap and Smallcap closed with gains of 50.33 and 67.28 points at 6,509.74 and 8,303.08 respectively. The Sensex touched intraday high of 16,202.87 and intraday low of 15,928.28.
More details http://www.16anna.com
Thursday, February 11, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open higher due to positive Asian markets. Wall Street lost ground yesterday as the markets saw subdued reaction to comments from Federal Reserve Chairman Ben Bernanke on an exit strategy from a massive stimulus and weighed prospects for a bailout of Greece. Asian stock markets traded mostly higher, despite modest losses on Wall Street as investors mulled a possible bailout of Greece and the Fed's exit strategy. Meanwhile, the government will today unveil data on some wholesale price indices for the year through 30 January 2010 viz. the food price index, the primary articles index and the fuel price index. However, volatility will remain high as investor sentiment still remains cautious.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 879.31 crore, while they sold index options worth Rs 142.44 crore. They were net buyers of stock futures to the tune of Rs 306.62 crore, while they sold stock options worth Rs 2.18 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open higher due to positive Asian markets. Wall Street lost ground yesterday as the markets saw subdued reaction to comments from Federal Reserve Chairman Ben Bernanke on an exit strategy from a massive stimulus and weighed prospects for a bailout of Greece. Asian stock markets traded mostly higher, despite modest losses on Wall Street as investors mulled a possible bailout of Greece and the Fed's exit strategy. Meanwhile, the government will today unveil data on some wholesale price indices for the year through 30 January 2010 viz. the food price index, the primary articles index and the fuel price index. However, volatility will remain high as investor sentiment still remains cautious.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 879.31 crore, while they sold index options worth Rs 142.44 crore. They were net buyers of stock futures to the tune of Rs 306.62 crore, while they sold stock options worth Rs 2.18 crore.
More details http://www.16anna.com
Wednesday, February 10, 2010
stock news
MARKET TODAY
The market may extend last three days' gains on firm Asian stocks. Most Asian stocks rose on Wednesday on reports Europe was close to bailing out debt-strapped Greece, coaxing investors back to riskier assets, though uncertainty kept a lid on the euro. The key benchmark indices in China, Indonesia, Japan, South Korea, and Taiwan rose by between 0.04% to 1.53%. But the key benchmark indices in Singapore and Hong Kong fell by between 0.11% to 0.54%.
More details http://www.16anna.com
The market may extend last three days' gains on firm Asian stocks. Most Asian stocks rose on Wednesday on reports Europe was close to bailing out debt-strapped Greece, coaxing investors back to riskier assets, though uncertainty kept a lid on the euro. The key benchmark indices in China, Indonesia, Japan, South Korea, and Taiwan rose by between 0.04% to 1.53%. But the key benchmark indices in Singapore and Hong Kong fell by between 0.11% to 0.54%.
More details http://www.16anna.com
Tuesday, February 9, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open flat note, as global jitters failed to ease. Wall Street tumbled yesterday amid lingering worries about debt problems in the eurozone, sending the Dow Jones industrials to a close below 10,000 for the first time since November 4. Asian markets traded mixed with Japanese stocks sliding, after the Dow industrials closed below 10,000, hit by heightened concerns about the euro zone's sovereign debt troubles. The government yesterday estimated the economy to grow by 7.2 per cent in financial year 2009-10, against 6.7 per cent a year ago, despite contraction in farm production.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 295.75 crore, while they bought index options worth Rs 710.99 crore. They were net sellers of stock futures to the tune of Rs 4.63 crore and sold stock options worth Rs 5.22 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open flat note, as global jitters failed to ease. Wall Street tumbled yesterday amid lingering worries about debt problems in the eurozone, sending the Dow Jones industrials to a close below 10,000 for the first time since November 4. Asian markets traded mixed with Japanese stocks sliding, after the Dow industrials closed below 10,000, hit by heightened concerns about the euro zone's sovereign debt troubles. The government yesterday estimated the economy to grow by 7.2 per cent in financial year 2009-10, against 6.7 per cent a year ago, despite contraction in farm production.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 295.75 crore, while they bought index options worth Rs 710.99 crore. They were net sellers of stock futures to the tune of Rs 4.63 crore and sold stock options worth Rs 5.22 crore.
More details http://www.16anna.com
Monday, February 8, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open lower as sentiment is not very positive and clear in the global markets. Asian stocks traded mixed, after U.S. stocks ended almost unchanged, pressured by mixed signals from the U.S. labour market and growing anxiety over fiscal problems in Europe. However, volatility may remain high as investors may remain cautious over sovereign debt problems in the euro zone.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 12.05 crore while sold index options worth Rs 52.08 crore. They were net buyers of stock futures to the tune of Rs 8.26 crore while sold stock options worth Rs 0.3 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open lower as sentiment is not very positive and clear in the global markets. Asian stocks traded mixed, after U.S. stocks ended almost unchanged, pressured by mixed signals from the U.S. labour market and growing anxiety over fiscal problems in Europe. However, volatility may remain high as investors may remain cautious over sovereign debt problems in the euro zone.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 12.05 crore while sold index options worth Rs 52.08 crore. They were net buyers of stock futures to the tune of Rs 8.26 crore while sold stock options worth Rs 0.3 crore.
More details http://www.16anna.com
Saturday, February 6, 2010
STOCK NEWS
MARKET SUMMARY
The markets continued to extend their heavy losses tracking negative global cues. Market touched three months low level, as losses in European markets including Spain and Portugal weighed on sentiments. Jobless data in US and the debt problem in Europe were the major factors for the weak market sentiments. On the domestic front nervousness was written large on the face of the investors ahead of the upcoming Union Budget 2010-11. Realty, Metal, PSU, Oil & Gas, Bank, IT and Consumer Durable stocks were the ones which were heavily battered. BSE Midcap and Smallcap stocks also closed deep in to the red. The BSE Sensex closed lower by 434.02 points at 15,790.93 and NSE Nifty ended down by 126.70 points at 4,718.65. BSE Midcap and Smallcap closed with losses of 169.77 and 270.82 points at 6,347.37 and 8,073.92 respectively. The Sensex touched intraday high of 16,222.56 and intraday low of 15,725.43.
More details http://www.16anna.com
The markets continued to extend their heavy losses tracking negative global cues. Market touched three months low level, as losses in European markets including Spain and Portugal weighed on sentiments. Jobless data in US and the debt problem in Europe were the major factors for the weak market sentiments. On the domestic front nervousness was written large on the face of the investors ahead of the upcoming Union Budget 2010-11. Realty, Metal, PSU, Oil & Gas, Bank, IT and Consumer Durable stocks were the ones which were heavily battered. BSE Midcap and Smallcap stocks also closed deep in to the red. The BSE Sensex closed lower by 434.02 points at 15,790.93 and NSE Nifty ended down by 126.70 points at 4,718.65. BSE Midcap and Smallcap closed with losses of 169.77 and 270.82 points at 6,347.37 and 8,073.92 respectively. The Sensex touched intraday high of 16,222.56 and intraday low of 15,725.43.
More details http://www.16anna.com
Friday, February 5, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to gap-down open due to debt problems in Europe and an unexpected rise in U.S. jobless claims. Wall Street plunged yesterday as weak US data combined with heightened fears of debt problems in European Union countries sent shockwaves through the markets. Asian markets is trading sharply lower after the Dow tanked 2.6 percent on Wall Street overnight, after escalating sovereign debt problems in Europe and an unexpected rise in U.S. jobless claims sent investors running. Inflationary pressures and a less-than-enthusiastic response received for NTPC's FPO issue and continued FII selling also point towards further downside.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 196.62 crore, while they bought index options worth Rs 703.90 crore. They were net sellers of stock futures to the tune of Rs 342.04 crore and sold stock options worth Rs 7.84 crore.
More details http://www.16anna.com
Key benchmark indices are likely to gap-down open due to debt problems in Europe and an unexpected rise in U.S. jobless claims. Wall Street plunged yesterday as weak US data combined with heightened fears of debt problems in European Union countries sent shockwaves through the markets. Asian markets is trading sharply lower after the Dow tanked 2.6 percent on Wall Street overnight, after escalating sovereign debt problems in Europe and an unexpected rise in U.S. jobless claims sent investors running. Inflationary pressures and a less-than-enthusiastic response received for NTPC's FPO issue and continued FII selling also point towards further downside.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 196.62 crore, while they bought index options worth Rs 703.90 crore. They were net sellers of stock futures to the tune of Rs 342.04 crore and sold stock options worth Rs 7.84 crore.
More details http://www.16anna.com
Thursday, February 4, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note tracking mixed cues from global shores. US stocks ended mixed as investors took a breather from a two-day rally and booked profits ahead of this week's keenly awaited official jobs data. Asian markets were mostly lower, following the sluggish session on Wall Street with investors treading cautiously ahead of some major interim earnings reports. Meanwhile, ACC and Ambuja Cement will unveil their December 2009 quarterly earnings today.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 2,447.19 crore and bought index options worth Rs 8.99 crore. They were net buyers of stock futures to the tune of Rs 452.02 crore and bought stock options worth Rs 46.53 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open on a subdued note tracking mixed cues from global shores. US stocks ended mixed as investors took a breather from a two-day rally and booked profits ahead of this week's keenly awaited official jobs data. Asian markets were mostly lower, following the sluggish session on Wall Street with investors treading cautiously ahead of some major interim earnings reports. Meanwhile, ACC and Ambuja Cement will unveil their December 2009 quarterly earnings today.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 2,447.19 crore and bought index options worth Rs 8.99 crore. They were net buyers of stock futures to the tune of Rs 452.02 crore and bought stock options worth Rs 46.53 crore.
More details http://www.16anna.com
Wednesday, February 3, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open higher encouraged by a positive report on the U.S housing market. Wall Street rallied on the back of strong fourth quarter earnings reports and home sales data that suggested economic activity is picking up. Asian stock markets opened mostly higher, but investor sentiment in Japan was dampened by Toyota's recall woes. Meanwhile, investors will closely watch opening of the large follow-on public offer (FPO) of state-run power generation firm NTPC today. The government fixed the benchmark price for the proposed divestment of government stake at Rs 201 per share.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 418.34 crore, while they sold index options worth Rs 328.36 crore. They were net buyers of stock futures to the tune of Rs 239.25 crore and bought stock options worth Rs 110.82 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open higher encouraged by a positive report on the U.S housing market. Wall Street rallied on the back of strong fourth quarter earnings reports and home sales data that suggested economic activity is picking up. Asian stock markets opened mostly higher, but investor sentiment in Japan was dampened by Toyota's recall woes. Meanwhile, investors will closely watch opening of the large follow-on public offer (FPO) of state-run power generation firm NTPC today. The government fixed the benchmark price for the proposed divestment of government stake at Rs 201 per share.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 418.34 crore, while they sold index options worth Rs 328.36 crore. They were net buyers of stock futures to the tune of Rs 239.25 crore and bought stock options worth Rs 110.82 crore.
More details http://www.16anna.com
Monday, February 1, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to weak start as global cues continue to weigh on sentiment. Asian stock markets were trading weak with investors tracking cues from Wall Street, where stocks declined by notably margins on Friday amid concerns over the pace of economic recovery. The Reserve Bank of India on Friday hiked the Cash Reserve Ratio by 75 basis points to 5.75%, to absorb Rs.36,000 crore of excess liquidity from the system. Meanwhile, shares of auto, cement, steel firms will be in focus as the companies release monthly sales volume for January 2010.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 430.22 crore, while they bought index options worth Rs 1,029.76 crore. They were net sellers of stock futures to the tune of Rs 119.18 crore while bought stock options worth Rs 9.87 crore.
More details http://www.16anna.com
Key benchmark indices are likely to weak start as global cues continue to weigh on sentiment. Asian stock markets were trading weak with investors tracking cues from Wall Street, where stocks declined by notably margins on Friday amid concerns over the pace of economic recovery. The Reserve Bank of India on Friday hiked the Cash Reserve Ratio by 75 basis points to 5.75%, to absorb Rs.36,000 crore of excess liquidity from the system. Meanwhile, shares of auto, cement, steel firms will be in focus as the companies release monthly sales volume for January 2010.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 430.22 crore, while they bought index options worth Rs 1,029.76 crore. They were net sellers of stock futures to the tune of Rs 119.18 crore while bought stock options worth Rs 9.87 crore.
More details http://www.16anna.com