MARKET TODAY
Key benchmark indices are likely to open lower following a subdued trend in the Asian markets this morning. However, trading may remain range bound on alternate bouts of buying and profit taking, while consistent buying by foreign funds and hopes about significant increase in infrastructure investment by the government may keep sentiment upbeat. Investors will closely watch the first installment of advance tax figures of India Inc. to be announced today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 231.22 crore and sold index options worth Rs 9.05 crore. However, they were net buyers of stock futures to the tune of Rs 338.94 crore while sold stock options worth Rs 22.91 crore.
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