MARKET TODAY
Key benchmark indices are likely to open flat to positive tracking supportive Asian markets. Wall Street ended lower on concerns about lingering economic weakness in the U.S. Asian stock markets were trading higher, despite the negative lead on Wall Street. Market is likely to volatile today as Finance Minister Pranab Mukherjee presents the Union Budget for 2010-11 today. Markets are waiting for a trigger and this trigger could be the Union budget.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 242.72 crore, while they bought index options worth Rs 474.96 crore. They were net buyers of stock futures to the tune of Rs 321.48 crore and bought stock options worth Rs 91.30 crore.
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