*MARKET TODAY*


Key benchmark is likely to open gap-up today due to strong Asian markets and
overnight US markets. Yesterday Indian
market<http://www.16anna.com/companyinfo.asp?SrchQuote=rel&id=1>ended
higher for second consecutive session, as better-than-expected
domestic manufacturing data sparked hopes that worst may be over for Indian
economy. Finally, the Sensex <http://www.16anna.com/> advanced 193 points to
close at 9,901 and the Nifty <http://www.16anna.com/> was up 39 points at
3,060. Inflation data to be released by noon today will be closely watched.
A likely fall in inflation to a near zero level will reinforce expectations
of a further fall in the monetary policy by the Reserve Bank of India (RBI).
However, investors may refrain from building large positions as the stock
market remains closed on Friday, 3 April 2009, for a public holiday.



According to data released by the NSE, in the last session, *FIIs* were net
buyers of index futures to the tune of Rs 337.91 crore and bought index
options worth Rs 108.42 crore. They were net buyers of stock futures to the
tune of Rs 176.52 crore and bought stock options worth Rs 70.65 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

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