11 Jan 2008
Watch for 6096 of Nifty
Nifty fell down below to 6200 on a profit taking at the end session trading of yesterday which was the intraday support for the last few days. But the broad market trend is remaining as positive. There is an another support at 6096 for Nifty.
Today the third quarter result of Infy is going to influence the market sentiment. US indices have done an another days rally on the hope of rate cuts. Dow Jones could close with a gain of 117 points. Asian markets are reacting mixed to the US cue. Nikkei was down by 115 points and Hang seng was up by 300 points.
FIIs Activity: Their net selling was for 253 crores and DIIs net buying was for 388 crores according to NSE provisional data.
NYMEX crude price cooled down below to $ 94 a barrel.
NSE Facts:
Advance : Declines was 101 : 1089 - Market breadth is negative.
Nifty January 2008 futures were at 6156.45, a discount of 0.50 points as compared to spot closing of 6156.95. - It was 12 points of discount last day, indicates some short covering at lower levels.
The NSE's futures & options (F&O) segment turnover was Rs 78346.87 crore, which was higher than Rs 74171.29 crore on Wednesday, 9 January 2008.
Watch for 6096 of Nifty
Nifty fell down below to 6200 on a profit taking at the end session trading of yesterday which was the intraday support for the last few days. But the broad market trend is remaining as positive. There is an another support at 6096 for Nifty.
Today the third quarter result of Infy is going to influence the market sentiment. US indices have done an another days rally on the hope of rate cuts. Dow Jones could close with a gain of 117 points. Asian markets are reacting mixed to the US cue. Nikkei was down by 115 points and Hang seng was up by 300 points.
FIIs Activity: Their net selling was for 253 crores and DIIs net buying was for 388 crores according to NSE provisional data.
NYMEX crude price cooled down below to $ 94 a barrel.
NSE Facts:
Advance : Declines was 101 : 1089 - Market breadth is negative.
Nifty January 2008 futures were at 6156.45, a discount of 0.50 points as compared to spot closing of 6156.95. - It was 12 points of discount last day, indicates some short covering at lower levels.
The NSE's futures & options (F&O) segment turnover was Rs 78346.87 crore, which was higher than Rs 74171.29 crore on Wednesday, 9 January 2008.
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4 Jan 2008