MARKET TODAY
Key benchmark indices are likely to open with an upward gap tracking strong Asian markets as investors were cheered by signs of a turnaround in key economies including upbeat earnings of US corporates. Meanwhile, the government will announce India's wholesale price index (WPI) in the 12 months to 4 July 2009 at around noon today. However, stock specific activity will be high in companies that will be announcing their June 2009 quarterly results.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 543.18 crore and sellers of index options worth Rs 23.98 crore. They were net buyers of stock futures to the tune of Rs 456.15 crorewhile sold stock options worth Rs 10 crore.
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