MARKET TODAY
Market is likely to open gap-down as it catches up with Tuesday's big sell-off across Asia after remaining shut for a public holiday on Tuesday, 26 Jan 2010. Wall Street closed slightly lower yesterday as investors suffered another bout of anxiety over President Barack Obama's plan to regulate banks. Asian stocks markets traded mixed ahead of a series of important events including the Federal Reserve's policy announcement. Trading is likely to remain volatile before the Thursday's expiry of current month derivative contracts and the RBI's monetary policy meet due on Friday.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 234.62 crore, while they sold index options worth Rs 361.48 crore. They were net buyers of stock futures to the tune of Rs 142.87 crore, while they sold stock options worth Rs 1.12 crore.
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