MARKET TODAY
Key benchmark indices are likely to extending gains tracking firm Asian peers. The SGX Nifty futures for September 2009 expiry rose 11 points to 4815 in Singapore. The Society of Indian Automobile Manufacturers (SIAM) will release data for domestic car sales in August today, 8 September 2009. However, improved prospects of a global economic revival and the resumption of FII buying may help the Indian market.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 1117.27 crore and bought index options worth Rs 420.17 crore. They were net buyers of stock futures worth Rs 288.37crore and bought stock options worth Rs 0.36 crore.
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