MARKET TODAY
Key benchmark indices are likely to open on a flat note tracking mixed Asian cues. The SGX Nifty futures for August 2009 expiry down 10 points to 4610 in Singapore. India's monsoon rainfall deficit has widened further, increasing the risk of crop damage. Meanwhile, robust industrial output data announced on Wednesday may further support market amid concerns over scanty rains.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 572.52 crore while sold index options worth Rs 135 crore. However, they were net buyers of stock futures to the tune of Rs 503.68 crore and bought stock options worth Rs 77 lakh.
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