F&O expiry, stock-specific action to keep mkt lively

Published on Mon, Nov 27, 2006 at 09:44 |  Source : Moneycontrol.com

Updated at Thu, Nov 30, 2006 at 11:07  

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Udayan Mukherjee, Stocks Editor, CNBC-TV18

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It is Monday morning and there is a lot of stuff happening this weekend - this is the settlement week for F&O and that makes it a very important week as always. But there is a Lanco listing as well and that could be a lively listing. GE Shipping would be an interesting re-listing as well both on cash and in the F&O market.

So there is indeed a lot to look forward to as one goes into this morning's trade and indeed this week's trade. In the last couple of days, the markets have paused a little bit and flattened out. But things could liven up as we go into this Monday morning.

Markets may carry a little bit of the baggage of the last couple of days and there has not been too much happening by way of global markets either, in terms of cues. But there will be a lot of stock specific excitement this morning, first GE Shipping then Lanco.

Markets are headed to a settlement for a series, which have been very heavy and there could be little bit of volatility upwards or downwards leading up to that settlement. So it will not pass as a very quiet week for the market, one would see almost inevitably lots of primary and secondary market stock-specific action. So one should brace oneself for some excitement.

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