MARKET TODAY
Key benchmark is likely to open higher tracking cues from the positive global markets and as investors expect December quarter results to be mostly better than a year ago. Asian stock markets have opened higher, after major indices on Wall Street finished at 15-month closing highs as investors looked past weaker than expected jobs data. Japanese stock market is closed for a national holiday. Meanwhile, Infosys Technologies is scheduled to post its third-quarter earnings on Tuesday 12 January 2010, Tata Consultancy on Friday and Wipro on January 20.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 296.49 crore while bought index options worth Rs 123.88 crore. However, they were net sellers of stock futures to the tune of Rs 599.51 crore while bought stock options worth Rs 3.15 crore.
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