MARKET TODAY Indian market is likely to open flat with a negative bias amid a mixed trend in the global markets. On Friday, the Indian market bounced back on expectations of some favorable fiscal and sector-specific measures in the interim budget to be announced on Monday. Finally the Sensex ended the day with a gain of 168.91 points, or 1.78% at 9,634.74 and Nifty gained 55.30 points, or 1.91% at 2,948.35. Today the interim Budget, to be presented by External Affairs Minister Pranab Mukherjee who is currently holding the charge of Finance Ministry, is likely to announce some measures to reduce the impact of the global economic meltdown on the Indian economy. Market may show high volatility due to tax sops and sector-specific relief measures expected out of the budget.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 667.37 crore and bought index options worth Rs 169.07 crore. They were net sellers of stock futures to the tune of Rs 153.66 crore and sold stock options worth Rs 7 crore. More details http://www.16anna.com/market.asp --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
