MARKET TODAY
Key benchmark indices are likely to open lower today as overseas markets turned negative yet again on renewed jitters about the pace of economic recovery. Market may remain volatile over the next few days as trader’s rollover positions in the derivative segment ahead of the expiry on 26 November 2009. Trading is likely to remain range bound amid alternate bouts of buying and profit taking.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 738.32 crore, while they bought index options worth Rs 411.03 crore. They were net sellers of stock futures to the tune of Rs 171.15 crore, while they sold stock options worth Rs 1.56 crore.
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