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Crucial support at 4,950
FII attitude may be key.

Foreign cos seeking FIPB nod to share more details
Foreign entities seeking investment clearance in India may now be asked to furnish details including their shareholding structure, address of the parent and source of funds, in view of recent taxation issues.

News of the day

US to remove cap on intake of medical students
The US Administration will bring a Bill in the Congress to remove the federal cap on intake of medical students, a move that will benefit international students, including those from India, a body of Indian-origin physicians in America has claimed.
Business Opportunities

FIIs net buyers Rs 647cr in F&O on Friday

The Foreign Institutional Investors (FIIs) were net buyers of Rs 647.45 crore in futures and options segments on Friday. - F&O Outlook: Nifty to hit new high - FIIs net buyers Rs 647cr in F&O on Friday - Tata Motors DVR share sale fetches Rs 349 crore - Exchanges get free hand to fix derivatives expiry - FIIs net sellers Rs 1,168cr in F&O on Thursday - DIIs net sell Rs 109cr, FIIs net buy Rs 69cr According to the data released by the NSE, FIIs were buyers of index futures to the tune of Rs 6473.91 crore while sold index options worth Rs 94.05 crore. They were net buyers of stock futures to the tune of Rs 100.25 crore while sold stock options worth Rs 32.66 crore.


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