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to India Investor
Key benchmark indices are likely to open higher tracking the strength
across global markets. Asian stocks markets were mostly
higher but gains were tepid as investors stayed cautious about
Europe's debt problems even after a big jump on Wall Street.
However, volatility cannot be ruled out as traders may roll over
positions in the derivatives segment from May 2010 series to June
2010 series ahead of the expiry of the near-month May 2010 contracts
on Thursday, 27 May 2010. Meanwhile, Ambani brothers took
a step towards reconciliation in their long-running feud on the
weekend, which could lift the shares of their companies.
According to data released by the NSE, in the last session, FIIs were
sellers of index futures to the tune of Rs 551.57 crore while
bought index options worth Rs 300.26 crore. They were net buyers of
stock futures to the tune of Rs 468.15 crore while sold stock
options worth Rs 111.44 crore