What to expect this week

TRADING DESK

The markets are expected to carry forward last week's momentum, though some profit-booking is expected. However, on the flip side, a weak closing in the US markets last week, following reports of slow job growth and rising oil prices, may have a negative impact on the sentiment. 

BULK DEALS
Date	Stock	Client	Deal type	Quantity	Price (Rs)
30-May-05	Archies	Deutsche International Trust Corp	Buy	82527	112.22
30-May-05	NIIT	HSBC Mutual Fund	Sell	123000	199.69
30-May-05	Satnam Overseas	Advantage Advisors Inc.	Buy	103432	95.91
31-May-05	Gabriel India	Fidelity Management & Research	Sell	55000	245.35
1- Jun- 05	Excel Glasses	ICICI Bank	Sell	155000	16.78
1- Jun- 05	Arvind Mills	T Rowe Price International	Sell	1000000	140.09
1- Jun- 05	Natco Pharma	Morgan Stanley & Co	Sell	191606	116.65
1- Jun- 05	Strides Arcolab	Morgan Stanley & Co	Buy	469000	274.43
2- Jun- 05	Indraprastha Medicala Corp	HDFC	Buy	9000000	42.9
2- Jun- 05	Welspun - Gujarat Stahl Rohren	Deutsche Securities	Sell	700000	61.25
Source: NSE, BSE

Reliance group shares may continue to gain on rumours of the Ambani brothers reaching a settlement soon. The companies scheduled to announce their results this week include Indian Hotels, Apollo Tyres, NIIT, Tata Tea and VSNL.