MARKET TODAY
Key benchmark indices are likely to open higher on positive global cues with good earnings reports boosting sentiment. Wall Street ended higher after investors got the numbers they wanted from first-quarter earnings reports. Asian stocks were trading higher, after solid earnings reports in the US paint a bright picture of corporate profitability. However, improved earnings from India Inc for the fourth quarter and strong global cues may help the Indian market sustain its positive momentum.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 430.20 crore, while they sold index options worth Rs 82.52 crore. They were net buyers of stock futures to the tune of Rs 584.77 crore and sold stock options worth Rs 15.98 crore.
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