MARKET TODAY
Domestic markets is poised to gap-down open after stocks on Wall Street suffered a severe setback overnight amid renewed worries over widening financial losses. Volatility is expected in rate sensitive sectors as Reserve Bank of India policy review today. Companies that will be announcing their quarterly results will also be in action. Political uncertainty on the outcome of month-long parliamentary elections may also lead to volatility. Meanwhile, the extent of buying by foreign funds and support if any from domestic institutions may influence market movement.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 693.51 crore and sold index options worth Rs 210.05 crore. They were net buyers of stock futures to the tune of Rs 63.06 crore and bought stock options worth Rs 5.75 crore.
For more details visit http://16anna.com/market.asp
No comments:
Post a Comment