9.31 am: According to the data released by the NSE, Foreign Institutional Investors (FIIs) were net sellers of Rs 463.14 crore in index futures and options segments, as per Tuesday’s data. FIIs were net buyers of index futures to the tune of Rs 624.28 crore and they sold index options worth Rs 1087.42 crore. In the stock segment, FII’s were net sellers of stock futures worth Rs 644.99 crore, while they bought stock options worth Rs 62.47 crore. Sensex was down 126.69 points at 27,126.
Domestic equity markets opened in red on Wednesday tracking weak global cues. Sensex opened 121.73 points down at 27,131.71. Nifty opened 44 points down at 8,188.90.
In the 30-share index, Axis Bank was trading over 6 per cent down at Rs 488.80 in the opening trade. HDFC Bank was up 0.66 per cent at Rs 1118.10.
Dabur, TRF, Indian Hume Pipe, Nelco, Greenply, Ambuja Cements, Shanti Gears, JSW Energy, Tata Elxsi, Torrent Power, Syndicate Bank, Just Dial and ABCIL are some of companies which may announce their earnings on Wednesday.
Benchmark indices fell for the second consecutive session on Tuesday. Sensex closed 108.52 points, or 0.40 per cent, down at 27,253.44 while Nifty closed 27.65 points, or 0.33 per cent, down at 8,232.90.
Global Markets
New York: US stocks slipped on Tuesday on uncertainty over the US rate outlook and disappointing results from Ford and other companies. Upbeat results from Apple after hours, however, could give the market a boost on Wednesday.
London: Britain’s top share index fell on Tuesday, extending losses as shares linked to the economic cycle gave up ground on concerns over growth in some countries and an oversupplied commodity market.
Tokyo: Japanese stocks rose during light trading on Wednesday morning as earnings-related news nudged share prices higher, although many investors remained on the sidelines ahead of upcoming US Federal Reserve and Bank of Japan meetings.
(With inputs from agencies)
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