MARKET TODAY
Key benchmark indices are likely to open higher tracking positive cues from overseas as the global investor sentiment has improved following encouraging corporate earnings. Reliance Industries and Reliance Natural Resources will be in focus today as the Supreme Court begins hearing a case related to a gas pact between the two firms. 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 691.58 crore while sellers of index options worth Rs 330.87 crore. They were net sellers of stock futures to the tune of Rs 272.23 crore and sold stock options worth Rs 3.9 crore.
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