*MARKET TODAY*


Key benchmark indices are likely to trade range bound on mixed global cues
with stock specific activity ruling the roost. Volatility may rise ahead of
the outcome of the two-day Federal Reserve meeting, which concludes today
and futures & options contracts for January 2009 series expire on Thursday,
29 January 2009. As per reports, rollover of Nifty positions from January
2009 series to February 2009 series was 47% while market wide rollover of
positions stood at 44%, as on Tuesday, 27 January 2009.  The NSE Nifty is
likely to face resistance around 2,790-2,810, support on the downside is
around 2,740-2,720.



According to provisional data on NSE, FIIs were net sellers worth Rs 228.56
crore while mutual funds bought shares worth Rs 139.64 crore on Tuesday, 27
January 2009.


 *FOR MORE DETAIL *CLICK HERE <http://www.16anna.com/morninignotes.aspx> *OR
GO THROUGH THE ATTACHMENT...*

 Regards
 *Guiness Research Team*
Guiness Securities Limited
18, D.Park Road.
Kolkata - 700026
Phone : 033 30015555
Web Site : www.16anna.com
Regards
Sougata Kumar

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