Business Daily from THE HINDU group of publications
Sunday, Nov 25, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Sunday, Nov 25, 2007 ePaper | Mobile/PDA Version |
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Investment World
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Stock Markets Markets - Outlook Investors can look forward to a volatile week ahead with the expiry of November 2007 derivatives contracts slated for November 29 (Thursday). With available data showing that FIIs remained net sellers to the tune of Rs 4,165 crore (over $1 billion) in equities last week, the trend might continue as they may book more profits with the calendar year coming to an end. The Real Gross Domestic Product numbers (year-on-year) for the economy would be announced on November 30. Real GDP is a macroeconomic measure of the size of an economy, adjusted for price changes and inflation. The listing of equity shares of Empee Distilleries and Mundra Port and Special Economic Zone would be effective from Monday (Nov 26) and Tuesday (Nov 27) respectively. Also, the reverse book building of iGATE Global Solutions will commence from November 26 and close on November 30. The floor price indicated by its parent iGATE Corporation, which wants to delist its Indian arm for stock exchanges, is Rs 288.90. More Stories on : Stock Markets | Outlook
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