MARKET TODAY
Key benchmark is likely to open lower and will take its cues from the third-quarter earnings & guidance of software bellwether Infosys Technologies. Wall Street ended mixed yesterday as investors paused at start of the fourth-quarter earnings period to study clues on the health of corporate America. Asian markets were also trading lower in cautious trade, following weaker than expected earnings from U.S. aluminum giant Alcoa. However, the government will announce industrial output data for the month of November 2009 today, 12 January 2010.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 566.98 crore and sold index options worth Rs 549.96 crore. They were net sellers of stock futures to the tune of Rs 475.73 crore and sold stock options worth Rs 32.98 crore.
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