MARKET TODAY
Key benchmark indices are likely to open higher note today, tracking the upbeat in the Asian peers and surge in Wall Street on Friday. The SGX Nifty futures for September 2009 expiry rose 19 points to 4711 in Singapore. Oil India Ltd. (OIL), the second largest oil and Gas Company in India, opened its initial public offering (IPO) of 26.45 lakh equity shares of face value Rs 10 each for subscription today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 127.10 crore, while bought index options worth Rs 208.88 crore. However, they were net sellers of stock futures worth Rs 94.42 crore while bought stock options worth Rs 1.93 crore.
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