stock news

Key benchmark indices are likely to rebound after hitting 3-1/2 month low, tracking recovery in Asian stocks. Asian markets traded

higher, after Wall Street rebound to their lowest level, helping U.S. indices end mostly flat after first falling more than 3 percent on

growing questions about the stability of the European banking system. However, volatility may remain high as traders roll over

positions in the derivatives segment for May 2010 series on Thursday, 27 May 2010.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 568.43 crore, while

they bought index options worth Rs 1482.89 crore. They were net buyers of stock futures to the tune of Rs 159.42 crore and sold

stock options worth Rs 35.6 crore.

More details http://www.16anna.com

stock news

Key benchmark indices are likely to open on a subdued note, weighed by weak global cues. Wall Street slumped yesterday as fears

over both Europe and the stability of US banks trumped good news out of the housing market. Asian markets tumbled, as worries

that the euro zone's troubles might spread kept investors wary about holding riskier assets. Volatility may remain high as traders roll

over positions in the derivatives segment for May 2010 series on Thursday, 27 May 2010.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 280.08 crore, while

they bought index options worth Rs 717.84 crore. They were net buyers of stock futures to the tune of Rs 827.88 crore and sold stock

options worth Rs 10.27 crore.

More details http://www.16anna.com

stock news

Key benchmark indices are likely to open higher tracking the strength across global markets. Asian stocks markets were mostly

higher but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump on Wall Street.

However, volatility cannot be ruled out as traders may roll over positions in the derivatives segment from May 2010 series to June

2010 series ahead of the expiry of the near-month May 2010 contracts on Thursday, 27 May 2010. Meanwhile, Ambani brothers took

a step towards reconciliation in their long-running feud on the weekend, which could lift the shares of their companies.

According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 551.57 crore while

bought index options worth Rs 300.26 crore. They were net buyers of stock futures to the tune of Rs 468.15 crore while sold stock

options worth Rs 111.44 crore.

More detaisl http://www.16anna.com

stock news

Key benchmark indices are likely to gap-down open following disastrous global cues, and gloomy economic data from the US. Wall
Street slumped yesterday on European debt concerns and bearish US economic data, with the Dow index tumbling more than three
percent for its biggest drop in more than a year. Asian markets suffered heavy losses as worries over the euro zone debt crisis and its
negative impact on the global economic recovery sent investors heading for the exit.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 781.06 crore, and
they sold index options worth Rs 349.96 crore. They were net buyers of stock futures to the tune of Rs 887.77 crore and bought stock
options worth Rs 21.64 crore.
More details http://www.16anna.com

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

stock news

RELIANCE INDUSTRIES LTD. – Downside Limited…..Court Verdict to decide Upside Potential

RIL’s ongoing litigation with RNRL and NTPC for supply of 40 mmscmd volumes of gas at US$2.34/mmbtu could have a major impact on its valuation. The worst-case scenario for RIL would be if it would have to supply RNRL gas at a price of US$2.34/mmbtu and also the Government will continue to charge its levies at the price of $4.2/mmbtu, which would be a double blow on the earnings of RIL. This would have a negative impact of around 5-8% on RIL’s FY12 EPS. The stock has corrected significantly (more than Rs. 100/share) post the speculation over the outcome of the case. We thus believe the market participants have already priced in the negative outcome and any correction beyond the current level offers a strong investment opportunity.

If the Court verdict goes in favor of RIL, we give the Company a 1 year price target of Rs.1190/share. Any verdict against RIL, will make our target price reduced by 10% to Rs.1070/share. However, we feel, at a range of Rs.960-980, the stock offers a perfect long term buy.

More details http://www.16anna.com

stock news

Key benchmark indices are likely to open flat after a sell-off in the previous session. Wall Street markets ended positive as the US
reported another rise in consumer spending and data pointed to a further economic recovery. Asian stock markets traded higher as
strong US data drove confidence that the economic recovery is gaining pace. Japan remains closed for the Golden Week holidays.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 985.09 crore while
bought index options worth Rs 1,707.23 crore. However, they were net sellers of stock futures to the tune of Rs 392.30 crore while
bought stock options worth Rs 107.96 crore.
More details http://www.16anna.com

stock news

Key benchmark indices are likely to open on a subdued note, weighed by Wall Street's sharp losses Friday on news of a criminal probe
into Goldman Sachs' trading practices. Asian shares were lower, after US stocks were stung by news of a criminal probe into Goldman
Sachs but trading was quiet overall with Japan and China closed for public holidays. Meanwhile, HDFC will announce its Q4 result
today, 3 May 2010. The company's board will also consider stock-split proposal.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 4.39 crore while
bought index options worth Rs 1,403.18 crore. They were net buyers of stock futures to the tune of Rs 323.80 crore while sold stock
options worth Rs 39.47 crore.
More details http://www.16anna.com