MARKET TODAY
Key benchmark is likely to open positive tracking international cues. Asian markets traded mixed after Japan Airlines filed for bankruptcy protection as it battles to overcome crippling debts, despite the one percent gain across the major indices on Wall Street overnight. India's third largest IT services exporter, Wipro has declared its third quarter results of FY10. It has reported a jump of 4.76% in its consolidated net profit of Rs 1,217 crore in Q3FY10 as against Rs 1,161.7 crore, (QoQ). The company's consolidated revenues increased 0.71% to Rs 6,966 crore versus Rs 6,917 in the previous quarter. Meanwhile, another Index heavyweight, HDFC will announce its Q3 December 2009 result today.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 682.19 crore, while they bought index options worth Rs 547.39 crore. They were net sellers of stock futures to the tune of Rs 116.12 crore and sold stock options worth Rs 21.98 crore.
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