MARKET TODAY
Key benchmark indices are expected to start lower tailing weak Asian markets. Investors will keenly watch the inflation data for the month of November 2009 due to be announced by the government today. Investors also fear that a recovery in the economy and a likely surge in wholesale price inflation will add pressure on the central bank to raise interest rates.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 366.37 crore and bought index options worth Rs 42.88 crore. They were net buyers of stock futures to the tune of Rs 67.11 crore and bought stock options worth Rs 6.89crore.
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