MARKET TODAY
Key benchmark indices are likely to gap-down open as overseas markets turned negative yet again. Investors will keenly watch June 2009 industrial output data due today for cues on the economy's strength. Industrial output had risen by a faster-than-expected 2.7% in May 2009. However, trading may remain range bound on alternate bouts of buying and profit taking.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 11.25 crore and index options worth Rs163.98 crore. They were net buyers of stock futures to the tune of Rs 498.08 crore and bought stock options worth Rs 15.43 crore.
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