MARKET TODAY Domestic indices are likely to open firm tracking positive global markets. The Reserve Bank of India's (RBI) quarterly review of the monetary policy will be closely watched. The Sensex is likely to face resistance around 8,760-8,815, above which the index may spurt upto the 9,000-mark. On the downside, the index is likely to find considerable support around 8,580 levels. The NSE Nifty is likely to face resistance around 2,720-2,740, support on the downside is around 2,630-2,610.
Foreign institutional investors (FIIs) are in selling mode after an inflow of Rs 1319.10 crore in December 2008. Their outflow in January 2009 totaled Rs 3950.20 crore (till 22 January 2009). According to provisional data on NSE, FIIs were net sellers worth Rs 522.91 crore while mutual funds bought shares worth Rs 203.98 crore on Friday, 23 January 2009. more details http://www.16anna.com/morninignotes.aspx --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "forex trading" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/forex-trading -~----------~----~----~----~------~----~------~--~---
