*MARKET TODAY* ** Market is likely to remain subdued today after the disappointment from the government's interim budget 2009-2010. As Wall Street was closed for the Presidents Day holiday Monday, Asian markets were trading lower and this signals a weak opening for the Indian bourses as well. Yesterday Indian market<http://economictimes.indiatimes.com/A_day_after_interim_budget_stocks_seen_lower/articleshow/4140409.cms>closed in the red as the interim budget presented by the government failed to shower any sops and boost investor confidence. Finally, the Sensex plunged 329 points to close at 9,305 and the Nifty fell 99 points to close at 2,848. We expect market may recover after open lower. Today Nifty is likely to face resistance around 2870-2888-2914, while support on the downside will be around 2822-2804-2788.
According to data released by the NSE, in the last session, *FIIs *were net sellers of index futures to the tune of Rs 733.54 crore while bought index options worth Rs 167.11 crore. They were net sellers of stock futures to the tune of Rs 211.25 crore while bought stock options worth Rs 155.55 crore. *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 --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
