MARKET TODAY
Asian indices are mostly higher. Obama regime is expected to announce
a plan to buy banks’ soured assets. Nifty futures in Singapore and Dow
futures are smartly up. But, there could be wild swings for sure ahead
of F&O expiry. Also, there are so many resistances between 2800-2900
levels.
FIIs were net buyers in the cash segment on Friday at Rs1.49bn while
the local institutions were net sellers at Rs940.3mn. In the F&O
segment, the foreign funds were net buyers at Rs955.5mn. On Thursday,
FIIs were net buyers of Rs1.58bn. Mutual Funds were net sellers of
Rs450mn on the same day.
US stocks tumbled on Friday, as investors locked in some gains after
the recent rally. Banks and technology shares were among the leading
losers.
US light crude oil for April delivery, which expires on Friday,
settled down 55 cents to $51.06 a barrel on the New York
Mercantile......

More details http://www.16anna.com/morninignotes.aspx
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