Market May Open Flat To Slightly Lower

Market may open flat or slightly lower in the negotiation of future S & P CNX Nifty on the Singapore stock market is an indication. This indicates a decrease of 5 points at the opening bell. Foreign institutional investors (IIE) has sold shares worth Rs 512.57 crore and domestic funds bought shares worth Rs 863.31 crore Monday, June 20, 2011, according to preliminary figures from the exchange. PAN Card for NRI

Key benchmark fell for the fourth day directly affected their lowest closing level for over 18 weeks, Monday, June 20, 2011, when global stocks have dropped because of uncertainty about a long term solution for debt issues of Greece. BSE Sensex lost 363.90 points or 2.04% to 17,506.63, its lowest closing level since February 10, 2011. NRI Demat Account

Reliance Infrastructure said after market hours on Monday it bought a share lakh under the repurchase program on this day. The company has earmarked a total of Rs 1000 crore for the buyback program.

Foreign direct investment (FDI) in India bounced back in April 2011, an increase in investment in service sectors, construction and automotive markets, reversing a sharp decline in the previous year, the government said Monday . NRI Share Trading Account.

On the political front, the Supreme Court yesterday rejected the bail petition of DMK MP and co-defendant Kanimozhi Sharad Kumar, CEO of Kalaignar TV, in a case involving the allocation of 2G spectrum fraud.

Asian stocks rose on Tuesday, tracking overnight gains in U.S. stocks. Benchmark indices in China, Hong Kong, Indonesia, South Korea, Japan, Singapore and Taiwan increased by 0.01% from 0.77%.

U.S. stocks rose on Monday as the latest advances to reduce the debt of Greece helped to attract buyers.

Global markets closely the outcome of a vote of confidence in the cabinet of new design must be Greek in the face Tuesday, June 21, 2011, which could pave the way for the nation for a new round of bailout funds NRI Online Trading account.

Euro-area finance ministers gave Greece two weeks from Monday to adopt more stringent austerity measures in exchange for another loan of 12 billion emergency piling pressure on Athens to get its battered economy back on track. Fitch Ratings said Tuesday it will consider both the greek and the rollover swap debt maturities of up to a voluntary default.

The U.S. Federal Reserve to hold policy meeting on Tuesday, June 21, 2011 and Wednesday, June 22, 1011, and gives a political declaration after the meeting. Fed’s second round of quantitative easing, or QE2, a policy designed to temporarily increase the money supply, to maintain low interest rates and stimulate the economy, which ends June 30, 2011. Section of the market is speculating on the possibility of a third program of quantitative easing, the Fed, after the current expires in June 2011.


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