Key benchmark indices are likely to rebound after hitting 3-1/2 month
low, tracking recovery in Asian stocks. Asian markets traded
higher, after Wall Street rebound to their lowest level, helping U.S.
indices end mostly flat after first falling more than 3 percent on
growing questions about the stability of the European banking system.
However, volatility may remain high as traders roll over
positions in the derivatives segment for May 2010 series on Thursday,
27 May 2010.
According to data released by the NSE, in the last session, FIIs were
net sellers of index futures to the tune of Rs 568.43 crore, while
they bought index options worth Rs 1482.89 crore. They were net buyers
of stock futures to the tune of Rs 159.42 crore and sold
stock options worth Rs 35.6 crore.
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