MARKET TODAY
Key benchmark indices are likely to a cautious start extend last three days of losses tracking weak global cues. On one hand, monsoon woes will play on sentiment, and on another, overseas markets continue to see-saw on growth concerns. The upside will be limited if the monsoon situation does not improve.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 118 crore while sold index options worth Rs 388.91 crore. However, they were net buyers of stock futures to the tune of Rs 380.81 crore and bought stock options worth Rs 40.49 crore.
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