Research & Investment Advisory: Indian ADRs Update (10/12/07): INFOSYS (+1.79% ), SATYAM (+0.89% ), WIPRO (+3.17% ), VSNL (-0.39% ), DR.REDDYS (+0.06% ), ICICI BK (+0.93% ), HDFC BK (0.00% ), MTNL (-1.19% ).
Research & Investment Advisory: FII Data: Net Index Futures (-Rs.46.62Cr), Net Stock Futures (-Rs.247.53Cr).
The derivative contracts in the underlying BONGAIREFN, ADLABSFILM, BALRAMCHIN, GMRINFRA, JPHYDRO, RAJESHEXPO & ARVINDMILL have crossed 95% of the market-wide position limit and are currently in the ban period. It is hereby informed that all clients shall trade in derivative contracts of BONGAIREFN, ADLABSFILM, BALRAMCHIN, GMRINFRA, JPHYDRO, RAJESHEXPO & ARVINDMILL only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action.
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