INDIAN
BENCHMARK open on positive note. Big day in elections 2014 as the third
phase of the 9-phased Lok Sabha election begins.
FURTHER, RIL has again
asked fertilizer companies to provide a guarantee for paying a higher price of
gas despite Election Commission’s order. Torrent Pharmaceuticals has
rallied nearly 9% on report that Competition Commission of India has approved
the company’s proposed Rs 2,000 crore acquisition of Elder Pharma's
formulations business in India and Nepal.
Trend in FII flows: The FIIs
were net buyers of Rs.1043cr in the cash segment on Wednesday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 463cr, as per the provisional figures released by the NSE.
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