FIIs net buy in equity $ 140.9 Mn; NSE F&O OI up Rs 720 Cr at Rs 84,830 Cr; Asian mkts trading positive; S&P 500 end at record high; up 11% since Aug 15

Sonia Gandhi sais that Congress is ready for the snap polls. On Oct 4, FIIs net buy in equity were $ 140.9 million while MFs net sell in equity were Rs 532.5 crore. NSE F&O OI was up Rs 720 crore at Rs 84,830 crore.

On global front, US stocks rose for a 4th straight week. S&P 500 ended at record high; up 11% since Aug 15. Dow was up 91.7 points at 14066 while Nasdaq was up 46.75 points at 2780.3. S&P Supercomposite Homebuilding Index was up 12%; most in 7 years. Nasdaq was up 2.9% for the week; highest since Feb 2001. CBOE Volatility Index was down 8.30% to 16.91; lowest since July 23. US 10-year Treasury note was up 12 bps to 4.64%. Fed Futures suggest 48% chance of 25 bps cut in borrowing costs this month. US unemployment rate rose to 4.7% in September. Aug non-farm payrolls revised to +89,000 from -4,000 earlier. Sep non-farm payrolls at 1.10 lakh vs estimates of 1 lakh.

In Asia, China opens after a week's gap. Asian markets are trading positive. In currency market, Yen was at the lowest in 2 months against euro. Yen was at 117.13/$, hits intra-day low of 117.15/$ and high of 116.93/$. Crude oil was at $ 80.89/bbl on fall in inventory and rising dollar.