MARKET TODAY
Key benchmark indices are likely to open lower tracking mixed cues from global shores. Meanwhile, volatility may remain high ahead of the expiry of May 2009 futures and options (F&O) contract next Thursday, 28 May 2009. However, newly sworn in finance Minister Pranab Mukherjee's affirmation that his administration will take steps to fire growth might support the market.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 318.18 crore and sold index options worth Rs 47 crore. They were net sellers of stock futures to the tune of Rs 240.45 crore and sold stock options worth Rs 33.63 crore.
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