Key benchmark indices are likely to open flat to positive, buoyed by
positive Asian cues. Wall Street ended mostly higher yesterday as
traders awaited US unemployment and non-farm payrolls data. Asian
stock markets also opened mostly higher ahead of key data out of the
U.S. Meanwhile, Food inflation eased slightly at 18.22 per cent for
the week ended December 26 but there was little respite for the common
man, as prices of pulses and cereals were still ruling high. However,
trade is likely to remain ranged during the day due to lack of fresh
triggers.
According to data released by the NSE, in the last session, FIIs were
sellers of index futures to the tune of Rs 944.06 crore while bought
index options worth Rs 397.19 crore. However, they were net sellers of
stock futures to the tune of Rs 657.01 crore while bought stock
options worth Rs 5.41 crore.
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