Thursday, May 28, 2009

stock news

MARKET TODAY
Key benchmark indices are likely to open flat to negative on the back of mixed Asian cues this morning. After the smart rally yesterday on short covering by traders, investors are likely to also book profits. However, volatility may remain high ahead of the expiry of May 2009 futures and options (F&O) contract today.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 404 crore and bought index options worth Rs 450.73 crore. They were net buyers of stock futures to the tune of Rs 295.75 crore and bought stock options worth Rs 8.86 crore.
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