INDIAN BENCHMARK have negative start and
may weaken further as the day progress given the negative vibes from the global
equity markets. Investor
attention on the F&O expiry which happens on Wednesday and on macro
economic data including the fiscal deficit data.
FURTHER, United Bank of
India, stricken by bad debt, may be bracing for worse as the state-owned lender
is looking into the possibility of Rs8bn having been disbursed at one of its
branches in New Delhi without making sure of collateral. NTPC will set up
a 1,320 MW power project in Bihar entailing an investment of Rs92bn. In this
regard, a Memorandum of Understanding was inked between NTPC, Bihar State Power
Generation Company Ltd and Lakhisarai Bijlee Company Private Ltd.
Trend in FII flows: The FIIs
were net buyers of Rs.603cr in the cash segment on Friday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 381cr, as per the provisional figures released by the NSE.
0 comments:
Post a Comment