MARKET TODAY
Key benchmark indices are likely to open higher after global stock indexes climbed more than 1 percent, boosted by better than expected U.S. jobs data. Asian stocks were trading firmly higher, as encouraging U.S. job and consumer data reinforced views that the world's largest economy is slowly but steadily recovering, fueling a move into riskier assets and out of safe havens like the yen. However, sustained buying by foreign funds may also keep underlying sentiment positive, but volatility may prevail due to profit taking.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 78.37 crore and bought index options worth Rs 271.29 crore. Howevr, they were net sellers of stock futures to the tune of Rs 160.01 crore and sold stock options worth Rs 31.57 crore.
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