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Rediff Money Live Stock Market - India

Written By Sheffin on Tuesday, November 10, 2009 | 7:45 PM

10yr yield seen between 7.207.40%: ING Vysya Bank


Bond markets are likely to remain lacklustre in the absence of any market moving factor. The range for the 10yr yield is seen between 7.207.40%, says RK Gurumurthy, ING Vysya Bank.

Rupee may appreciate today: N Subramaniam


The rupee may appreciate today on dollar weakness. Consolidation in domestic markets may help the rupee to strengthen further, says N Subramaniam, Pinnacle Forex.

Fund Action witnessed in Austral Coke, Polaris Software


Fund Action witnessed in Austral Coke, Polaris Software, Edelweiss Capital, Ruchi Soya, Surya Roshni and Jamna Auto.

Ganeshaspeaks: Market prediction for Nov 11


The time between 10:05 and 11:45 is extremely chaotic. Expect movement on both sides – positive as well as negative, and you will find it difficult to understand what is going on. Ganesha advises you to be cautious. This period is likely to stump even the best.

FO cues: Total Futures Open Int down by Rs 1281 cr


FO cues: Total Futures Open Int down by Rs 1281 crore, Total Options Open Int up by Rs1765 crore.

Stocks in news: KSK Energy, Sun Pharma, Pyramid Sai, REC


RNRL | KSK Energy | Sun Pharma | Pyramid Saimira | Simbhaoli Sugar | Cambridge Tech | REC | Jindal Steel | Patni | Ballarpur Industries and Allied Digital are stocks, which are in the news today.

Market cues: FIIs net buy $139.4 mn


Market cues: FIIs net buy USD 139.4 million and MFs net buy Rs 182 crore on November 9.

Support for Nifty at 47804730: Gaba


The crucial support for the Nifty is at 47804730 and resistance is at 4903.

Nifty likely to witness range of 49404830: Bhambwani


The coming session is likely to witness a range of 4940 on advances above which the 5000 level maybe seen a long shot probability. Support maybe seen at the 4830 levels on declines, below which the 4810 maybe seen.

Asia trading mixed; Hang Seng up, Shanghai Composite flat


At 8: 15 am (IST), Asian markets were trading mixed. China\'s Shanghai Composite was flat at 3,175.64. Hong Kong\'s Hang Seng was up 0.67% or 148.22 points at 22,416.38. Japan\'s Nikkei rose 0.22% or 21.56 points at 9,892.29. Singapore\'s Straits Times added 0.27% or 7.26 points at 2,714.86.

SP 500 continues to face resistance at 1,100


The US markets ended flat after trading in a narrow range. The SP 500 index end in the red after six straight days of gains; it continued to face resistance at 1,100, which was 2009 high.

Nifty has support at 48004830: Gujral


The market may have flat to positive opening today. Nifty has supports at 48004830 and resistances are at 50005040. Market may consolidate in a narrow range for a few trading sessions.

Indian ADRs: Patni down 3.7%, Dr Reddys, Tata Motors up


Indian ADRs: Infosys, Satyam, Patni, ICICI Bank and HDFC Bank was down, while Wipro, Tata Comm, MTNL, Sterlite, Dr Reddys and Tata Motors gained.

Wall Street ends flat; SP 500 in red after 6day of gain


After Monday\'s spectacular rally, the US markets ended Tuesday session flat. Trading was light and choppy. Healthcare, utilities and materials were the bestperforming sector, while Bank of America was the top gainer on the Dow.

Global mkts hold key for the next 23 sessions


The Nifty consolidated today and was just down about 20 points to close below 4,900. Will it deepen from here and is it the top end of the trading range for the moment? The answer to that will lie in global markets and how they move over the rest of the week.

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