MARKET TODAY
Key benchmark indices are likely to open higher following advances across global equities. Asian stock markets trekked higher, after the Dow climbed above 11,000 for the first time in a year-and-a-half with investors picking up stocks from across various sectors. However, the index of industrial production (IIP) data will be released today 12 April 2010 for the month of February 2010. Meanwhile, SEBI barring 14 insurance firms from selling unit-linked insurance plans (Ulips) could also influence trading sentiment.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 362.67 crore, while they bought index options worth Rs 950.39 crore. They were net sellers of stock futures to the tune of Rs 110.34 crore, while they bought stock options worth Rs 6.88 crore.
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