GLOBAL INDICES :

• Dow Jones recovered on Monday, ending a six-day losing streak as
sentiments improved after G8 leaders gave verbal backing for Greece to stay
in the euro and stressed that their priority is to promote growth and jobs.
• At 9.00 am in the morning, Asian markets were trading higher with Nikkei
trading 0.98% higher and Hang Seng trading 0.93% up.
• Nikkei ended slightly higher on Monday amid low volumes as investors went
for bargain buying after previous day’s steep fall.
• Hang Seng index ended lower on Monday, as Chinese Premier’s pro-growth
remarks failed to completely dismiss investors' concerns about underlying
economic weakness.
• FTSE index ended higher on Monday, tracking gains across other European
markets.

INDIAN EQUITY MARKET :

• At 9.00 am in the morning, the SGX Nifty was trading 1.05% higher.
• Indian equity indices ended flat, off its intraday gains on Monday as investors
booked profits triggered by the rupee moving towards its record lows against the
dollar.
• Earlier, sentiment got a small boost following comments from G-8 leaders that
they intended to keep Greece in the Eurozone.
• Index heavyweights such as RIL, L&T, BHEL, Maruti Suzuki and SBI surged
1.01-3.61%, helping market to close marginally higher.
• Tata Power was the top gainer on Nifty rising 5.23% ahead of the release of the
company's Jan-March earnings Tuesday.
• Among the laggards, Wipro (Top looser on Nifty), Infosys, ACC, Cipla and
Sterlite fell 2.06%, 1.78%, 1.28%, 1.23% and 1.09% respectively.
• FMCG stocks such as ITC and HUL declined 1.96% and 1.35% respectively due
to profit booking.