MARKET TODAY
Key benchmark indices were set to open flat to positive, after advance taxes paid by companies indicated stronger earnings for the December quarter and mixed global markets. Meanwhile, rising inflation added to the case for monetary tightening. However, Reliance Industries will be watched, after Indian media reported the energy giant would decide on submitting a financial bid for bankrupt LyondellBasell today.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 193.34 crore while sold index options worth Rs 243.92 crore. They were net sellers of stock futures to the tune of Rs 65.38 crore and sold stock options worth Rs 2.65 crore.
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