Monday, August 24, 2009

Market Report For 24th August 2009

FIIs net buyers Rs 514cr in F&O on Friday.
FIIs turn net sellers in August.
FIIs selling in China and India, buying in Russia.
MFs net buy Rs 337 cr in equities on Aug 20.
Oil rises above $74, nears 10-mth high on recovery hopes.
Asian markets surge, Nikkei gains 3%.
‘Rates may rise by up to 50 bps in fourth quarter’
PFRDA norms for companies soon.
DoT to seek legal view on extra spectrum allocation to operators.
Lower margins in Q2 for Indian petro refineries, say analysts.
4G threatens to spoil govt's 3G party.
EIL achieves financial closure of debt for 2.2 mtpa integrated plant.
BEL seeks JVs to bridge gaps in tech.

Singapore Nifty is trading at 4,604.5 up by 72.5 points..