MARKET TODAY
Key benchmark indices are likely to open flat to positive, tracking the overnight rise on Wall Street but with Asian markets reversing early gains there will be resistance. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were up 11 points to 5066. Although the underlying sentiment is likely to remain cautious and investor to take some profits booking after recent strong gains.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 223.73 crore while bought index options worth Rs 216.15 crore. They were net sellers of stock futures to the tune of Rs 175.81 crore while bought stock options worth Rs 34.22 crore.
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