Friday, March 19, 2010

stock news

MARKET TODAY
Key benchmark indices are likely to open on a subdued note following mixed global cues. US ended mixed yesterday as fresh jobs and inflation data came nearly within expectations, underscoring a fragile economic recovery. Asian stock markets were mostly higher with investors picking up stocks following the overnight modest rise of the Dow on Wall Street. However, sustained buying by foreign funds and an upgrade of India's rating outlook by Standard & Poor's Ratings Services are the other factors that may lift sentiment.


According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 106.45 crore while bought index options worth Rs 1,171.1 crore. They were net buyers of stock futures to the tune of Rs 43 crore while sold stock options worth Rs 1.55 crore.
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