Key benchmark indices are likely to open higher on expectations
companies will report strong quarterly profit and the upbeat
sentiment
across global markets. SGX Nifty futures for September 2009 series
traded in Singapore were up 50 points to 4947. Strong advance tax
payment by India Inc in Q2 September 2009 may further aid sentiment.


According to data released by the NSE, in the last session, FIIs were
net buyers of index futures to the tune of Rs 295.25 crore while sold
index options worth Rs 125.76 crore. However, they were net buyers of
stock futures to the tune of Rs 635.43 crore while sold stock options
worth Rs 20.15 crore.


More details http://16anna.com/market.asp

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