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Pre-market: Flat to positive start likely
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Monday, September 3, 2012 |
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| September 04, 2012 | 8.30 AM | Flat to positive start likely Indian markets may open on a flat to positive note tracking mixed global cues. SGX Nifty is trading 7 points higher. | | | | | | Headlines for the day | - SEBI lifts market ban on PG Electroplast's former director
- South Indian Bank selling shares to raise $79mn: sources
- FinMin wants loss-making banks, insurers out of CCI ambit
- Ashok Leyland's August sales jump 30.4%
| Events for the day | - Ex date for bonus issue of Castrol India
- Ex date for final dividend of Rural Electrification Corporation, Sterlite Technologies
| | | STOCK TO WATCH |  | | | | | | | FOREX |  | | | | | | | | | | | | INDIAN INDICES |  | | | | | | Indices | Support | Resistance | | | | | The Indian markets may open on a flat to positive note led by mixed global cues. SGX Nifty is trading 7 points higher. On Monday (September 03, 2012), the Sensex settled at 17384, down by 45 points while the Nifty closed at 5253, slipping by 4 points. | | | | | FII/MF ACTIVITIES |  | | | As on 31-08-2012 | FII (Rs cr) | MF* (Rs cr) | | Gross purchase | 3125.60 | 313.70 | | Gross sale | 3272.00 | 371.60 | | Net investment | (146.40) | (57.90) | | | | Daily trend of FII/MF investment in equities The FIIs have been the net sellers Indian stocks to the tune of Rs146.40 crore on August 31, 2012. The domestic investors sold Indian shares worth a net of Rs57.90 crore on August 31, 2012. The data is as per the SEBI website. | | | | GLOBAL INDICES |  | | | | | | | Asian stock markets steadied on Tuesday (September 4, 2012) as the investors saw weak regional and global economic data raising the prospect for further stimulus from central banks to underpin growth. European shares crept higher on Monday (September 03, 212), after weak factory data highlighted the poor health of the global economy, keeping alive the talk of fresh stimulus from major central banks. US stocks were closed on Monday in observance of Labour Day. | | | | | | Commodity cues Oil surged on Monday, despite Chinese data showing a deepening slowdown in the world's biggest energy consumer, as investors focused on the possibility of more stimulus measures and other moves to try to revive economic growth. | COMMODITIES |  | | | Commodity (MCX) | Price (Rs) | % Chg | | | | | | | | | | | | Manage your newsletter subscriptions | | | | | | | | |
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posted by Anonymous @ 8:02 PM  |
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