MARKET TODAY
Indian market is likely to open lower on concerns surrounding the global economic recovery. Wall Street fell yesterday from their 2010 highs as weakness in the housing market and rising European debt loads revived investors' pessimistic view of the economy. Asian stock markets were also trading mostly lower with news of Portugal's credit rating downgrade pressuring sentiment. The Domestic stock market remained close on Wednesday, 24 March 2010, on account of Ram Navmi. Meanwhile, volatility may remain high as trader’s rollover positions in derivatives segment from the March series to the April series ahead of the expiry of the derivatives contracts today, 25 March 2010.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 578.54 crore while sold index options worth Rs 78.78 crore. They were net sellers of stock futures to the tune of Rs 101.53 crore and sold stock options worth Rs 6.78 crore.
More details http://www.16anna.com
No comments:
Post a Comment