MARKET TODAY
Key benchmark indices are likely to open lower, taking cues from weak
global stocks after disappointing earnings from JPMorgan Chase & Co.
Asian stock markets traded mostly in the red, with bank shares
retreating after JPMorgan Chase on Friday reported deep fourth-quarter
loan losses, raising concerns about bank profits and sending Wall
Street lower. Meanwhile, stock and sector-specific activity may
dominate trade on expectations of quarterly results.
According to data released by the NSE, in the last session, FIIs were
sellers of index futures to the tune of Rs 252.06 crore while bought
index options worth Rs 1,031.99 crore. They were net sellers of stock
futures to the tune of Rs 76.56 crore while bought stock options worth
Rs 6.54 crore.
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