MARKET TODAY
Key benchmark indices are likely to open higher tracking gains in its Asian peers. However, expectations that central bank may tighten monetary policy from next year as rise in inflation amidst pick up in economy may cap gains. Data released on Saturday, the wholesale price index was up 1.34 percent in October from a year earlier, compared with 0.5 percent in September and 11.06 percent a year ago.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 6473.91 crore while sold index options worth Rs 94.05 crore. They were net buyers of stock futures to the tune of Rs 100.25 crore while sold stock options worth Rs 32.66 crore.
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