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Market Cues
Tuesday, September 4, 2007
FIIs net buy in equity $ 167.6 Mn; net buy by MFs in equity Rs 463.6 Cr; Asian, European markets mixed
On Aug 31, FIIs net buy in equity were $ 167.6 million while net buy by the MFs in equity were Rs 463.6 crore. NSE F&O OI was up Rs 3,678 crore at Rs 67,940 crore. NSE F&O OI was up Rs 8,720 crore in first 2 days of September series.
On global front, US markets shut on account of Labor Day holiday. Asian, European markets were mixed, trade light in absence of US cues. In Emerging Markets, Brazil and Russia were up 0.3% each. US 10-year yields trade were at 4.54% and were near lowest level since March. Crude oil traded higher at a little over $ 74/bbl.
In currency market, Yen depreciated to 115.88/$; hits intra-day low of 115.97/$.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
