Markets end flat on September F&O expiry - Cholamandalam Securities

Benchmark indices ended marginally positive amid volatile trading session as investors adopted a wait and watch stance following the rollovers in the F&O segment to October series.

Market sentiments remained subdued amid limbo over the US budget negotiations.

Indian rupee appreciated marginally tracking gains in bond markets, while RBI eased norms for providing swaps to banks that are borrowing funds overseas.

Shares of shipping companies surged ~16% as Baltic Dry Index (BDI) jumped 5% to its highest since December 23, 2011.

Oberoi Realty ended higher after the firm's share sale programme for diluting 3.49% of the promoter's stake received good response.

Gillette ended higher after SEBI said that the shareholding of Poddar Heritage would be considered to be part of the public shareholding.

Finance Ministry notifies FII-friendly GAAR Rules, to come into effect on April 1, 2016. Investments made before August 30, 2010 grandfathered.

Markets are expected to open on a flat note with positive bias as crude oil retreats after UN security council agreed to a resolution on Syria. Markets to trade cautious amidst stalemate on US budget negotiations.

Source : Equity Bulls

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