MARKET TODAY Domestic markets are poised to gap-down open mirroring weak global cues. US markets tumbled overnight on fears the new bank rescue plan announced by the government may not be enough to revive the economy from deepening recession. The SGX Nifty futures for February 2009 series lost 56 points in Singapore. A pull-back to positive zone seems less likely. Any hope could come on expectations that the Government may announce further stimulus measures in Monday’s interim budget. Top government officials are hinting at sector-centric sops in the vote-on- account. And if media reports are anything to go by, Real Estate, Auto and IT sectors are likely to be major beneficiaries.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 39.40 crore while sold index options worth Rs 139.18 crore. They were net buyers of stock futures to the tune of Rs 170.01 crore and bought stock options worth Rs 47.84 crore. More details http://www.16anna.com/morninignotes.aspx --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Yellow Pages" 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/yellow-pages -~----------~----~----~----~------~----~------~--~---
