INDIAN BENCHMARK started on a
flat note in the opening trades. Industrial production expanded by 0.1% in
January. CPI inflation came in better than expected, easing to 8.1% in February
from 8.8% in January.
FURTHER, Apollo Hospitals
Enterprise Ltd is expected to infuse an additional investment of around Rs870mn
for its upcoming Navi Mumbai facility. Wipro has entered into a strategic
partnership with the US-based SGI to service its customers and partners in big
data and computing, and expand its market presence in India.
Trend in FII flows: The FIIs
were net buyers of Rs.864cr in the cash segment on Wednesday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 821cr, as per the provisional figures released by the NSE.
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