1. India-Global Market Summary 29-05-12
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• Asian and Indian equity market opened in positive
note, Indian market was very volatile finally ended in flat
range.
• Information technology, Realty and Banking sectors were
positive. Particularly stock like HCL Tech, Cairn India, and
Wipro went up nearly 2%. ACC, BPCL, IDFC these are the
stocks ended with 2% negative range.
• FII made investment for 90 crore and Domestic Institutional
investor sold for 199 crore. Market may move up based on
positive economic factors.
• Indian Rupee was showing weakness against U.S Dollar. If this
trend continues market will be sluggish in the coming days.

2. • Americans' confidence in the economy fell in May to its lowest
level in eight months as consumers fretted about slow
hiring, a big stock market drop and the global economy.
• The post crisis showing negative Home sales in U.S .
• Strong support will be extended by Ministry of Commerce to
support exporters in the wake of Global slowdown.
• Government initiated steps to restructure loans worth
Rs.35,000 crore to the debt- strapped textiles industry.
• In order to attract foreign funds, the Government today
allowed individual overseas investors known as Qualified
Foreign Investors (QFIs) to invest up to $1 billion in debts and
corporate bond market.

3. • Fortis Healthcare plans to rise about Rs.2000 cr by listing its
hospitals business in Singapore.
• Tata Motors fourth quarter consolidated net profit more than
doubled year-on-year.as continued strong growth at luxury
Jaguar Land Rover unit.
• Gold and Silver prices are trading in a firm note.
• Indian equity market will be very volatile till expiry of Futures
and Options May month contract.

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