MARKET TODAY

Key benchmark is likely to see open higher on the first trading
session of the new financial year FY 2010, due to positive lead from
the rest of the global markets. SGX Nifty futures traded in Singapore
were trading up 9 points (3026) also pointing to a higher opening in
India. However, the element of uncertainty on the political front and
weak corporate outlook may keep the market choppy.

According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 1,143.52 crore while
bought index options worth Rs 133.28 crore. They were net sellers of
stock futures to the tune of Rs 112.84 crore while bought stock
options worth Rs 11.50 crore.

More details http://www.16anna.com/morninignotes.aspx
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