MARKET TODAY
Market is likely to open higher following positive cues from the
overseas markets. Sings of an improvement in the Indian economy
triggered a solid rally on the domestic bourses in the past few days.
SGX Nifty futures traded in Singapore were trading up 46 points to
3405. The government will release industrial production data for
February 2009 today, 9 April 2009. Inflation data also to be released
by noon today, will be closely watched. There could be some volatility
due to the elections and quality of earnings.

According to data released by the NSE, in the last session, FIIs were
net buyers of index futures to the tune of Rs 909.60 crore while sold
index options worth Rs 173.22 crore. They were net sellers of stock
futures to the tune of Rs 636.83 crore while bought stock options
worth Rs 50.99 crore.
More details http://www.16anna.com/morninignotes.aspx
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