What's Happening, and Where, on Jun 5

INDICATORS

* NSE provisional net buy/(sale) in bln rupees, Jun 4: FII 1.93, DII (1.92)

* Institutional net buy/(sale) in bln rupees, Jun 3: MF 0.64

* FII NSE futures net buy/(sale) in bln rupee, Jun 4: index (6.45), shr 7.89

* Sensex 24805.83, down 52.76 points; Nifty 7402.25, down 13.60 points

* Crude: $102.40/bbl; Rupee: 59.33/$1; Gold: $1,244.3/ounce; 10-yr yld: 8.5876%

GOVT BEAT

* Finance Minister Jaitley to hold pre-budget consultations with farm sector representatives. 0930 IST, New Delhi.

* Minister of State with Independent Charge for Textiles Gangwar to be chief guest at the

National Institute of Fashion Technology. 1600 IST, New Delhi.

* Finance Minister Jaitley to hold pre-budget consultations with social sector representatives. 1700 IST, New Delhi.

DATA ALERT

  > JAPAN IMPORTED VEHICLE SALES DATA for May; 0730 IST

  > UK HALIFAX HOUSE PRICE INDEX for May; 1230 IST

  > UK MONTHLY CAR REGISTRATIONS DATA for May; 1330 IST

  > EU RETAIL PURCHASING MANAGERS' INDEX for May; 1340 IST

  > EU RETAIL TRADE DATA for Apr; 1430 IST

  > BANK OF ENGLAND INTEREST RATE DECISION; 1630 IST

  > US CHALLENGER JOB-CUT REPORT for May; 1700 IST

  > EUROPEAN CENTRAL BANK INTEREST RATE ANNOUNCEMENT; 1715 IST

  > US WEEKLY EXPORT SALES DATA; 1800 IST

  > US UNEMPLOYMENT INSURANCE CLAIMS REPORT for week ended May 31; 1800 IST

  > US CONSUMER COMFORT INDEX; 1915 IST

  > US DJ-BTMU BUSINESS BAROMETER for week ended May 24; 1930 IST

  > US EIA NATURAL GAS STORAGE REPORT for week ended May 30; 2000 IST

  > US ICSC CHAIN STORE SALES TRENDS DATA for May; 2130 IST

RBI COUNTER

* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.

* SPECIAL TERM REPO: One set of 28-day variable rate special term repo for 200 bln rupees.

MARKETS

Call: Seen opening around RBI's repo rate as liquidity in the banking system remains comfortable. 1-day call: 8.05% vs 8.30-8.35% Wed.

Bonds: Seen steady Thu. Traders may stay on sidelines before auction Fri. 10-year yield: 8.55-8.65% vs 8.59% Wed.

Rupee: May open up as dollar down post disappointing US jobs data. Share indices to lend cues intraday. Range: 58.90-59.60/$1 Thu vs 59.33/$1 Wed.

Stocks: Seen opening flat. Trade likely to be rangebound. Nifty range 7350-7450; Wednesday-end 7402.25, down 13.60 points.

view more