Key benchmark is likely to see lower open as mixed global cues and shortened trading week. The worsening global economic crisis may keep investors nervous in this truncated trading week, with stock markets remaining shut on 10 and 11 March 2009 on account of local holidays. A bearish outlook on the rupee is likely to make matters worse, as FIIs may accelerate their selling binge. The overseas funds have already pulled out $2bn so far this year from Indian equities. Market is expected to remain volatile today and recovery towards the end of the session.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 678.57 crore and bought index options worth Rs 1.41 crore. They were net sellers of stock futures to the tune of Rs 96.69 crore while bought stock options worth Rs 11.63 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 -~----------~----~----~----~------~----~------~--~---
