MARKET TODAY Market is likely to extend gains as the global market situation has begun improving, boosted by easing fears over the health of US banks. On Friday Indian market ended strongest session for the year 2009 mirroring global markets. Both the key indices, the NSE Nifty and the BSE Sensex ended above the 2,700 and 8,700 mark respectively. Finally the Sensex surged 412 points to close at 8,756 and the Nifty rose 101 at 2,719. FIIs’ buying in cash and Index Futures on Friday indicate bullishness to continue for the days to come. This week, investors will await the outcome of Federal Reserve’s two-day policy meeting starting Tuesday. No rate cut is expected but the tone of the Fed will be watched very closely.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 1,048.68 crore and bought index options worth Rs 229.74 crore. They were net buyers of stock futures to the tune of Rs 197.23 crore and bought stock options worth Rs 46.13 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 -~----------~----~----~----~------~----~------~--~---
