MARKET TODAY
Key benchmark is likely to open higher after a sell-off in the previous session and positive Asian markets. However selling by the foreign funds this week after the recent aggressive buying in Indian stocks may cap gains. Inflation based on the wholesale price index declined 1.6% in the year through 6 June 2009 compared with the previous week's annual rise of 0.13%, data released by the government yesterday, 18 June 2009.According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 220.36 crore while bought index options worth Rs 136.38 crore. However, they were net sellers of stock futures to the tune of Rs 220.7 crore and sold stock options worth Rs 7.3 crore.
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