INDIAN BENCHMARK is a positive start.
Investors cautious ahead of the RBI policy to be released tomorrow. Fiscal deficit
data scheduled today.
FURTHER, Airtel is
planning to extend its outsourcing deal with IBM for another five years.
The deal
is expected to be in the range of $550-600 million, making it the largest
outsourced project by an Indian telecom company. Dr Reddy's Laboratories
Limited is planning to make a fresh foray into the Japanese market.
Trend in FII flows: The FIIs
were net buyers of Rs.1362cr in the cash segment on Friday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 208cr, as per the provisional figures released by the NSE.
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