MARKET TODAY
Key benchmark indices are likely to open flat tracking mixed cues from overseas markets. The SGX Nifty futures for July 2009 expiry up 8 points to 4310 in Singapore. Profit taking due to pre-budget jitters may lead to continued volatility. Meanwhile the foreign trade data for May 2009 unveiled by the government today, 1 July 2009 will be closely watched.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 583.61 crore and sold index options worth Rs 59.86 crore. They were net sellers of stock futures to the tune of Rs 303.17 crore while bought stock options worth Rs 8.55 crore.
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