MARKET TODAY
Key benchmark indices are likely to open lower tracking weakness in most of Asia and slump in US markets. Domestic economic concerns after a weak monsoon and a string of recent overseas data that has renewed doubts about a global recovery. Trading could be choppy as investors look to enter the market after its biggest fall yesterday since the budget in early July.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 163.03 crore while bought index options worth Rs 874.54 crore. However, they were net sellers of stock futures to the tune of Rs 446.03 crore and sold stock options worth Rs 9.05 crore.
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