• The market may edge lower tracking weak Asian stocks. Asian stocks fell on Tuesday 23 February 2010, led by mining companies and automakers, following a rally that drove the MSCI Asia Pacific Index’s valuations to a three-week high on Monday, 22 February 2010. The key benchmark indices in China, Hong Kong, Indonesia, Japan, South Korea, Singapore and Taiwan fell by between 0.39% to 1.97%.

• The Dow Jones industrial average lost 18.97 points, or 0.18%, to close at 10,383.38. The Standard & Poor’s 500 Index slipped 1.16 points, or 0.10%, to end at 1,108.01. The Nasdaq Composite Index slipped 1.84 points, or 0.08%, to close at 2,242.03.

• The market is likely to remain highly volatile this week with the focus being on the Railway Budget and the Union Budget 2010-11. Derivatives expiry on Thursday, 25 February 2010 is also likely to add volatility on the bourses.

• The Key benchmark indices erased almost all the gains after an early rally on Monday, 22 February 2010 as investors turned cautious ahead of the Union Budget 2010-2011 later this week. The BSE 30-share Sensex rose 45.42 points or 0.28% to 16,237.05 on that day.

• As per provisional figures on NSE, foreign funds sold shares worth Rs 101.58 crore and domestic funds bought shares worth Rs 116.60 crore on Monday.