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News & Analysis » India

Indian stock market daily morning report (March 08, 2010, Monday)

March 8, 2010, Monday, 06:17 GMT | 01:17 EST | 11:47 IST | 14:17 SGT
Contributed by Keynote Capitals


By Nitin A. Khandkar (Keynote Capitals)

 

Views on markets today


- After opening higher with a gap on Friday, the Sensex could not maintain the momentum and closed marginally positive. It was clearly the day of the mid-caps with the latter indices outperforming the broad market indices, with the A-D ratio marginally positive.


- Asian markets are trading in positive territory on the positive closing of US markets last Friday. We expect Indian markets to open strong on positive cues from the Asian markets.

 


Key events today


- Opening of IPO of DQ Entertainment (International), price band Rs75-80 per share, closes March 10