Market is likely to open flat this morning on the back of mixed cues from the overseas markets. Yesterday Indian market shed its early gains to finish modestly higher for the day. Finally, the Sensex rose 52 points to close at 9,201 and the Nifty rose 19 points to close at 2,803. Key indices have been in a range over the past few sessions and the trend may continue. The government will unveil the weekly inflation data today and street expected 5.21 per cent as compared with 5.64 percent in the previous week.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 309.74 crore and bought index options worth Rs 153.06 crore. They were net buyers of stock futures to the tune of Rs 127.06 crore and bought stock options worth Rs 48.06 crore.
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