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Pre-market: Markets set for a positive start
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Friday, July 15, 2011 |
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| July 15, 2011 | 8.30 AM | Markets set for a positive start The opening on the Dalal Street is expected to be in the green tracking positive Asian cues. TCS will be eyed. | | | | | | Headlines for the day | - Govt considers 10% stake sale in Oil India
- Tariff hurdle may hit RPower Andhra project
- Fertiliser dept alerts MEA on potash cartel
| Events for the day | - Ex-date for stock split of Rallis India.
- Ex-date for final dividend of Tata Coffee.
- Results: Balaji Telefilms, Aanjaneya Lifecare, Camlin, Essel Propack, Gujarat NRE Coke.
- For more events and news, log on to Sharekhan.com.
| | | STOCK TO WATCH |  | | | | | | | FOREX |  | | | | | | | | | | | | INDIAN INDICES |  | | | | | | Indices | Support | Resistance | | | | | The Indian markets may surge in the opening trade as Asian indices trade higher. The undertone is still nervous over a spate of local and global headwinds. The concerns over eurozone debt crisis and back-to-back warnings on US debt situation have disrupted sentiments. The IT results season is fairly predictable now. Of late, Infosys has invariably disappointed the Street, while Tata Consultancy Services (TCS) has either met or done better than expectations. TCS posted a 28% rise in net profit in Q1 and beat analysts' forecasts; the stock will remain in action. | | | | | FII/MF ACTIVITIES |  | | | As on 14-07-2011 | FII (Rs cr) | MF* (Rs cr) | | Gross purchase | 2558.60 | 464.30 | | Gross sale | 2408.20 | 523.10 | | Net investment | 150.40 | (58.90) | | | | Daily trend of FII/MF investment in equities The FIIs have purchased Indian equities worth a net of Rs150.40 crore on July 14, 2011. The domestic investors have sold Indian shares worth a net of Rs58.90 crore on July 13, 2011. The data is as per SEBI website. | | | | GLOBAL INDICES |  | | | | | |  | The European stocks ended lower on Thursday (July 14, 2011), losing ground for the fourth time in five sessions as Moody's warning on the US debt and rising Italian bond yields despite a well-bid debt auction rattled investors. The US stocks fell on Thursday as Fed Chairman Ben Bernanke backed off hints additional near-term stimulus could be on the way, removing a possible catalyst from a market already facing plenty of obstacles. The Asian markets were trading higher on Friday (July 15, 2011). SGX Nifty was trading 10 points higher. | | | | | | Commodity cues Crude oil prices fell for the first time in three days on Thursday after Federal Reserve Chairman Ben Bernanke said the central bank was not ready yet to take more monetary easing measures, dashing hopes that energy demand would get a boost from fresh economic stimulus. | COMMODITIES |  | | | Commodity | Level ($) | Chg ($) | | | | | | | | | Manage your newsletter subscriptions | | | | To know more about our products and services, click here. | | | | Sharekhan Ltd. Regd Add: 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. Tel: 022 - 61150000. 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