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 Domestic institutional investors (DIIs) were net sellers of Rs 875.92 crore (provisional) today, according to data released by BSE. - FIIs net buyers Rs 1,172cr in F&O on Friday - Maintain Nifty target of 4,750 - Bond yields to remain elevated - Equity funds' best gain in 17 years - FIIs net buy Rs 1,172cr in F&O on Friday - FIIs net buyers of Rs 832cr in cash mkt today While DIIs made gross purchases of Rs 1,019.38 crore, gross sales totalled Rs 1,895.30 crore. Foreign institutional investors (FIIs) were net sellers of Rs 14.47 crore today. While FIIs made gross purchases of Rs 2,424.20 crore, gross sales totalled Rs 2,438.67 crore. FIIs were net buyers of Rs 1,417.40 crore on Friday, June 5, according to data released by Sebi today. While FIIs made gross purchases of Rs 4,550.60 crore, gross sales totalled Rs 3,133.20 crore. Mutual funds (MFs) were net sellers of Rs 40.90 crore on Friday. MFs made purchases of Rs 916 crore and sales of Rs 956.90 crore.
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As the takeover battle between Bharati Shipyard and ABG Shipyard for Great Offshore heats up, analysts feel it is the right time for retail investors to book profits as the fundamentals of the target firm"s stock do not support sustainability of its current price. - ABG Shipyard gears up to match Bharati"s open offer - Bharati expects nod for Great Offshore open offer soon - Bharati Shipyard mulls Rs 200-cr capex over two years - Sebi may ok Bharati"s offer for Great Offshore in 10 days - No offer received from Bharati Shipyard, ABG: Great Offshore - ABG to counter Bharati"s bid for Great Offshore Ever since the bidding war between Bharati and ABG started in June, Great Offshore"s stock has jumped significantly. While its stock price was Rs 247.95 on April 1, on June 1 it touched Rs 373.70 and closed at Rs 560.55 on October 1. "The current price is not a true reflection of the fundamentals of the stock. The prices are skyrocketing because of the hostile takeover issue. Prices are not justified at this level," Ashina Stock Brokers Research Head Paras Bothra said. 
Gold futures prices fell by Rs 83 or 0.49 per cent at the Multi Commodity Exchange today as traders reduced their positions. - FCI to sell wheat on bourses, may boost capacity use by mills - Brokers make most of carbon credits - Govt to sell wheat in open market via e-trading platform - Gold futures rebound on firm global cues - "We stand revived, merger not on our mind" - MCX-SX approaches CCI on feeless currency futures trade by NSE Gold for far-month April contract fell by Rs 83 or 0.49 per cent to Rs 16,972 per ten gram with an open interest of 2,574 lots. The metal for delivery in February contract also declined by Rs 70 or 0.41 per cent to Rs 16,955 per ten gram in 16,901 lots. Marketmen said traders indulged in reducing their positions in line with a weakening global trend mainly led to fall in gold prices at futures market. Meanwhile, gold lost $9.10 to $1,117.60 an ounce in London. 
Tracking firming global trend, gold futures prices recovered by Rs 150 or 0.88 per cent today as traders indulged in enlarging their positions. Gold for far-month April contract rose by Rs 150, or 0.88 per cent to Rs 17,248 per ten gram with an open interest of 2,409 lots. - Gold slides further on weak global cues, dollar gains - Gold prices fall on weak global cues - Gold rebounds on firming global cues, fresh buying - Gold snaps four-day gains, drops Rs 280 - Gold futures climb on global cues, weak dollar - Gold sets another peak at Rs 18,460 The metal for delivery in February contract also went up by Rs 134, or 0.78 per cent to Rs 17,212 per ten gram with an open interest of 16,361 lots. Market experts said fresh buying by traders in line with a rising trend in overseas market mainly led to rise in gold prices at futures market. Meanwhile, gold traded higher by $1.70 to $1,129.80 an ounce in New York last night.