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Pre-market: Markets may see a negative start
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Sunday, October 30, 2011 |
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| October 31, 2011 | 8.30 AM | Markets may see a negative start Today's opening is likely to be in the red on account of negative Asian cues. Caution may prevail after strong rally seen in the previous week. | | | | | | Headlines for the day | - PowerGrid mulls JVs with states to set up transmission network
- Prism Cement plans 9.3 mtpa plants in AP
- TVS Motors proposes bike manufacturing unit at Uluberia
- IOB readies foreign expansion plan
- HDFC Ergo sees capital infusion of Rs80 cr'
| Events for the day | - Stock split in VIP Industries
- Results: NMDC, ICICI Bank, Wipro, Bank Baroda, Canara Bank
| | | STOCK TO WATCH |  | | | | | | | FOREX |  | | | | | | | | | | | | INDIAN INDICES |  | | | | | | Indices | Support | Resistance | | | | | After posting strong gains in the previous week, the Indian markets may take a breather today and are expected to open on a negative note tracking losses in the Asian region. Investors still have questions about implementing the Europe's deal. Caution may prevail after strong rally. Earnings may also drive the sentiments today. Other companies scheduled to report quarterly earnings today include HUL, Indian Bank, Orient Bank, Corporation Bank, Uco Bank, Central Bank, Castrol, and Dabur. | | | | | FII/MF ACTIVITIES |  | | | As on 28-10-2011 | FII (Rs cr) | MF* (Rs cr) | | Gross purchase | 3688.80 | 39.20 | | | | | | Daily trend of FII/MF investment in equities The FIIs have bought Indian stocks worth a net of Rs454.50 crore on October 28, 2011. The domestic investors have bought Indian shares worth a net of Rs35 crore on October 26, 2011. The data is as per the SEBI website.. | | | | GLOBAL INDICES |  | | | | | |  | The European stock markets finished slightly lower on Friday (October 28, 2011) as investors booked some of their recent gains. The US stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3% on Europe's deal to stem its debt crisis. The Asian shares fell on Monday (October 31, 2011), taking a breather from a nearly 10% rally last week after Europe laid out a basic framework to tackle its debt crisis. SGX Nifty was trading 4 points lower. | | | | | | Commodity cues The US crude oil fell on Friday, as a drop in Japanese industrial output countered speculation US economic growth and a deal to tame Europe's debt crisis will boost fuel demand. | 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. BSE Cash-INB011073351; F&O-INF011073351; NSE - INB/INF231073330; CD - INE231073330; MCX Stock Exchange : CD - INE261073330 DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP000000662; Mutual Fund: ARN 20669. | | | | | | "This document has been prepared by Sharekhan Ltd. 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posted by Anonymous @ 8:09 PM  |
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