MARKET TODAY
Indian market is likely open lower tracking weaker global markets. Meanwhile, the initial public offer (IPO) of JSW Energy, a part of Sajjan Jindal-led JSW Group, was subscribed 1.48 times on the second day of issue on Tuesday. However, the recent strength of inflows from foreign funds and improving growth prospects is expected to offer some support to the market in the late trade.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 81.50 crore, while they bought index options worth Rs 334.37 crore. They were net buyers of stock futures to the tune of Rs 2.18 crore, while they sold stock options worth Rs 2.90 crore.
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