MARKET TODAY
Key benchmark indices are likely to open on a subdued note following weak cues from the Asian peers. Wall Street ended mixed yesterday as the Dow and Nasdaq fought off red ink with a fresh batch of positive earnings reports. Asian stock markets tumbled in the morning trade as investors indulging in some heavy profit taking after recent strong gains with tech stocks were leading the broader market lower. However, expectations of good fourth quarter result by India Inc should limit the fall.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 374.73 crore, while they bought index options worth Rs 363.46 crore. They were net buyers of stock futures to the tune of Rs 535.45 crore and sold stock options worth Rs 50.90
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