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Rebound expected early next week
The two main indices—the Nifty and the Sensex—staged strong intraday rebound on Friday in choppy trades and extended gains for the second straight day. The Nifty bounced back from an intraday low of 4,766 to close at 4,882 on short-covering in interest rate-sensitive sectors such as auto, banks and realty.

Air India pilots defer strike by six days
Air India pilots, protesting management"s moves to cut their salaries and allowances, today deferred their strike threat from November 24 by six days, even as the conciliation talks remained inconclusive.

News of the day

Inflation jumps to 4.78% in November
Inflation jumped to 4.78 per cent in November, driven by rising prices of essential food items like pulses, fruits and vegetables.
Small Business

FIIs net sell Rs 363cr, DIIs net buy Rs 455cr

Foreign institutional investors (FIIs) were net sellers of Rs 362.76 crore (provisional) today, according to data released by BSE. - FIIs net sellers Rs 1,626cr in F&O on Monday - FIIs net buyers of Rs 3,042 cr in cash mkt today - F&O OUTLOOK: Correction to stay on course - FIIs net sellers Rs 775cr in F&O on Friday - Close to money spreads look good - Range bound trading continues While FIIs made gross purchases of Rs 2,903.43 crore, gross sales totalled Rs 3,266.19 crore. Domestic institutional investors (DIIs) were net buyers of Rs 454.86 crore today. While DIIs made gross purchases of Rs 1,920.05 crore, gross sales totalled Rs 1,465.19 crore. FIIs were net buyers of Rs 4,744 crore on Monday, January 11, according to data released by Sebi today. While FIIs made gross purchases of Rs 7,538.60 crore, gross sales totalled Rs 2,794.60 crore. Mutual funds (MFs) were net buyers of Rs 55.10 crore on Monday. MFs made purchases of Rs 840.50 crore and sales of Rs 785.40 crore.


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