MARKET TODAY
Key benchmark is likely to open positive tracking international cues.
Asian markets traded mixed after Japan Airlines filed for bankruptcy
protection as it battles to overcome crippling debts, despite the one
percent gain across the major indices on Wall Street overnight.
India's third largest IT services exporter, Wipro has declared its
third quarter results of FY10. It has reported a jump of 4.76% in its
consolidated net profit of Rs 1,217 crore in Q3FY10 as against Rs
1,161.7 crore, (QoQ). The company's consolidated revenues increased
0.71% to Rs 6,966 crore versus Rs 6,917 in the previous quarter.
Meanwhile, another Index heavyweight, HDFC will announce its Q3
December 2009 result today.
According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 682.19 crore, while
they bought index options worth Rs 547.39 crore. They were net sellers
of stock futures to the tune of Rs 116.12 crore and sold stock options
worth Rs 21.98 crore.
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