The opening on the Dalal Street is expected to be in green, tracking positive global cues. SGX Nifty is trading 55 points higher.
Events for the day:
Results: Container Corporation of India, GTL, Opto Circuits (India), Power Finance Corporation, Wockhardt, Tata Power Co.
Headlines for the day:
Govt to provide Rs 38,500 cr subsidy to oil cos for Q4 FY12.
RBI to take steps to stabilise rupee: Gokarn.
Cyrus Mistry, Mallika Srinivasan appointed on Tata Steel Board.
ABB bags Rs175 cr order from NTPC.
Indian Indices:
The Indian markets may surge in the opening trade as Asian indices are trading higher. SGX Nifty is trading 55 points higher.
Earnings in focus today - Container Corporation of India, GTL, Opto Circuits (India), Power Finance Corporation, Wockhardt, Tata Power Co.
On Monday (May 21, 2012), the Sensex closed at 16183, up by 30 points and the Nifty settled at 4906, rising 14 points.
Global Indices:
Asian markets climbed on Tuesday (May 22, 2012) ahead of Wednesday's European Union summit where the leaders are expected to discuss the measures to promote growth and ways to keep Greece in the euro zone.
European shares rebounded from five-month lows on Monday (May 21, 2012), as the investors bought some stocks that had been badly hit in the previous week's sell-off, although charts signaled the bounce could be short-lived and the downtrend could be resume again.
US Stocks also edged up on Monday from their worst weekly decline for the year as world leaders expressed support for Greece to stay in the euro zone.
Daily trend of FII/MF investment in equities:
The FIIs have been the net sellers Indian stocks to the tune of Rs205.90 crore on May 20, 2012. The domestic investors bought
Indian shares worth a net of Rs77.10 crore on May 18, 2012. The data is as per the SEBI website.
Commodity Cues:
Crude oil prices rose on Monday as speculators created fresh positions on the back a firming global trend.
....more info
Events for the day:
Results: Container Corporation of India, GTL, Opto Circuits (India), Power Finance Corporation, Wockhardt, Tata Power Co.
Headlines for the day:
Govt to provide Rs 38,500 cr subsidy to oil cos for Q4 FY12.
RBI to take steps to stabilise rupee: Gokarn.
Cyrus Mistry, Mallika Srinivasan appointed on Tata Steel Board.
ABB bags Rs175 cr order from NTPC.
Indian Indices:
The Indian markets may surge in the opening trade as Asian indices are trading higher. SGX Nifty is trading 55 points higher.
Earnings in focus today - Container Corporation of India, GTL, Opto Circuits (India), Power Finance Corporation, Wockhardt, Tata Power Co.
On Monday (May 21, 2012), the Sensex closed at 16183, up by 30 points and the Nifty settled at 4906, rising 14 points.
Global Indices:
Asian markets climbed on Tuesday (May 22, 2012) ahead of Wednesday's European Union summit where the leaders are expected to discuss the measures to promote growth and ways to keep Greece in the euro zone.
European shares rebounded from five-month lows on Monday (May 21, 2012), as the investors bought some stocks that had been badly hit in the previous week's sell-off, although charts signaled the bounce could be short-lived and the downtrend could be resume again.
US Stocks also edged up on Monday from their worst weekly decline for the year as world leaders expressed support for Greece to stay in the euro zone.
Daily trend of FII/MF investment in equities:
The FIIs have been the net sellers Indian stocks to the tune of Rs205.90 crore on May 20, 2012. The domestic investors bought
Indian shares worth a net of Rs77.10 crore on May 18, 2012. The data is as per the SEBI website.
Commodity Cues:
Crude oil prices rose on Monday as speculators created fresh positions on the back a firming global trend.
....more info