MARKET TODAY
Key benchmark is likely to open lower and will take its cues from the
third-quarter earnings & guidance of software bellwether Infosys
Technologies. Wall Street ended mixed yesterday as investors paused at
start of the fourth-quarter earnings period to study clues on the
health of corporate America. Asian markets were also trading lower in
cautious trade, following weaker than expected earnings from U.S.
aluminum giant Alcoa. However, the government will announce industrial
output data for the month of November 2009 today, 12 January 2010.
According to data released by the NSE, in the last session, FIIs were
sellers of index futures to the tune of Rs 566.98 crore and sold index
options worth Rs 549.96 crore. They were net sellers of stock futures
to the tune of Rs 475.73 crore and sold stock options worth Rs 32.98
crore.
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