Key benchmark indices are likely to open positive tracking supportive
Asian markets. Asian stock markets traded positive, tracking cues from
Wall Street, where stocks surged higher after data last week showed
U.S. employers created jobs in March at the fastest rate in three
years. China, Hong Kong and Taiwan markets were closed for tomb
sweeping public holiday while Australia markets were shut for the
Easter Monday. Meanwhile, overseas fund houses have made a net
investment of over Rs 20,600 crore ($4.5 billion) in Indian stock
markets during the last three months of financial year 2009-10,
according to the Sebi data. However, expectations from the upcoming
earnings season will keep the sentiment upbeat.
According to data released by the NSE, in the last session, FIIs were
buyers of index futures to the tune of Rs 248.12 crore and bought
index options worth Rs 1,087.98 crore. However, they were net sellers
of stock futures to the tune of Rs 277.02 crore and sold stock options
worth Rs 7.5 crore.
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