MARKET TODAY
Market is likely to open flat today as investors shy away from risk
after renewed concerns about the global banking sector and a gloomy
global growth forecast by the IMF. Earnings season has kept the global
equities under pressure. Inflation data to be released by noon today,
will be closely watched. However, Intra-day volatility can't be ruled
out but as the Reliance pack will be coming out with earnings reports,
any positive surprises on that front might improve the investors’
sentiments.

According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 556.21 crore while
bought index options worth Rs 49.63 crore. They were net buyers of
stock futures to the tune of Rs 182.08 crore while sold stock options
worth Rs 23.48 crore.
More details http://www.16anna.com/market.asp
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