MARKET TODAY
Key benchmark indices are likely to open positive as global cues are
supportive. Wall Street rebounded strongly yesterday as sentiment got
a lift from Federal Reserve chairman Ben Bernanke' signal that near-
zero interest rates were still needed. Asian stock markets traded
mixed after U.S. Federal Reserve Chairman Ben Bernanke said interest
rates would remain at very low levels for a long time, boosting global
stocks. However, volatility may remain high on the bourses as trader's
rollover positions in the derivatives segment from February series to
March series today. The Economic Survey will be tabled in the
parliament today.
According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 700.30 crore, while
they sold index options worth Rs 250.40 crore. They were net buyers of
stock futures to the tune of Rs 277.19 crore and sold stock options
worth Rs 73.58 crore.
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