INDIAN BENCHMARKS are likely to be highly volatile ahead of today's F&O expiry. Banks will continue to remain in focus.. Telecom stocks may be under pressure ahead of the spectrum auction.
FUTHER, ONGC will likely see an uptick, as the company would drill about four wells this year in Cambay basin in tie up with ConocoPhillips, with an investment of about Rs 200 crore. Aviation stocks may continue to remain under spotlight.
Trend in FII flows: The FIIs were net buyers of Rs 3365cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 1245cr, as per the provisional figures released by the NSE.
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