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to India Investor
Key benchmark indices may extend losses for the fourth straight day
tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in
Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets
over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next
few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen
their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net
buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
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May 18, 2010, 2:28:14 AM5/18/10
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May 21, 2010, 3:58:43 AM5/21/10
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Key benchmark indices are likely to gap-down open following disastrous
global cues, and gloomy economic data from the US. Wall
Street slumped yesterday on European debt concerns and bearish US
economic data, with the Dow index tumbling more than three
percent for its biggest drop in more than a year. Asian markets
suffered heavy losses as worries over the euro zone debt crisis and
its
negative impact on the global economic recovery sent investors heading
for the exit.
According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 781.06 crore, and
they sold index options worth Rs 349.96 crore. They were net buyers of
stock futures to the tune of Rs 887.77 crore and bought stock
options worth Rs 21.64 crore.