MARKET TODAY
Key benchmark indices are likely to open lower after subdued U.S. data triggered concerns over the strength of the economic recovery. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were down 22 points to 5100. However market may remain volatile after recent strong rally in indices.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 100.01 crore while bought index options worth Rs 188.92 crore. They were net buyers of stock futures to the tune of Rs 3.96 crore and bought stock options worth Rs 12.95 crore.
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This means markets are likely to remain volatile.
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