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Wednesday, November 11, 2009
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MARKET TODAY
Key benchmark indices are expected to start flat to positive due to gains in Asia markets. Reliance, the country's top-listed firm is offering about $12 billion to buy a controlling interest in LyondellBasell, and the deal if closed will make it one of the largest overseas acquisitions by an Indian company could spur investor sentiment. The equities may remain volatile over the next few days as trader’s rollover positions in the derivative segment from November 2009 series on Thursday, 26 November 2009.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 395.8 crore while bought index options worth Rs 809.55 crore. They were net sellers of stock futures to the tune of Rs 725.39 crore while bought stock options worth Rs 13.66 crore.
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