MARKET TODAY
Key benchmark indices are poised to gap-down open tracking weak global markets as U.S. raised doubts the global economy will recover soon. The SGX Nifty futures for July 2009 expiry down 40 points to 4293 in Singapore also pointed to a lower open. However, with the Union Rail Budget underway, the market may witness some stock-specific action.According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 10.73 crore while sold index options worth Rs 105.15 crore. They were net buyers of stock futures to the tune of Rs 119.26 crore and bought stock options worth Rs 70.92 crore.
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