INDIAN EQUITY MARKET OUTLOOK-13 June 2014

 
INDIAN BENCHMARK have turned flat after making a higher opening led by buying among rate sensitive sectors like banks, auto and realty.

FURTHER, Indian Overseas Bank has requested the government to provide a capital support of Rs 3,500 crore during the current fiscal. Tata Motors reported 5.14 percent decline in global sales, including that of Jaguar Land Rover to 77,575 units in May. The company had sold 81,783 units in the same month last year.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs were net sellers of Rs. 742cr, as per the provisional figures released by the NSE.

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