Nifty: 3819.95 -41.10 Points Sensex: 13124.32 -161.61 Points

FII Activity:
Cash Segment: 58.07 crores net buyers
Index Futures: 136.32 crores net buyers
Stock futures: 68.51 crores net sellers

Advance Decline ratio: 297:742

Outlook for 28Mar07:
The markets are all set to open in negative on back of the global markets. FIIs have bought in the falling market on Monday. There is all possibility that the markets will recover in the later part of the day. The 20 point premium on Nifty futures both in March and April is the cause for concern. For today Nifty should take support at 3790-3768-3720 and should face resistance at 3830-3854-3887.

Futures Trading Calls:

Buy Sesa Goa at current levels for target 1835.

Cash Calls:

Buy Shakti Sugars if sustains above 71 for target 80.