MARKET TODAY Key benchmark is likely to open flat to positive today as mixed global cues. But gains may be tempered as U.S. stocks snapped a four-day rise overnight after American Express Co said the number of people struggling to make credit card payments grew, dampening optimism that banks could return to profit in the downturn. We expect Market is likely to remain volatile and on preliminary data on advance tax payment of India Inc showing pockets of strength in a slowing economy. However, political uncertainty ahead of elections will cap upside on the bourses in the coming months.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 637.44 crore and bought index options worth Rs 172.17 crore. They were net sellers of stock futures to the tune of Rs 65.31 crore and sold stock options worth Rs 30.46 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 -~----------~----~----~----~------~----~------~--~---
