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Sunday, July 13, 2014

INDIAN EQUITY MARKET OUTLOOK-14 July 2014

INDIAN BENCHMARK open on a flat note tracking mixed global cues. In addition, WPI and CPI numbers which are due to be released today will be keenly watched by the market participants.

FURTHER, Polaris Financial Technology is likely to remain in focus after Orbitech Limited sold 6,16,400 shares of  Polaris at Rs 226.93. Tata Steel fell 0.78% on turning ex-dividend today, 14 July 2014, for dividend of Rs 10 per share for the year ended 31 March 2014.

Trend in FII flows:
The FIIs were net buyers of Rs 192cr in the cash segment on Friday while the DIIs were net sellers of Rs. 44cr, as per the provisional figures released by the NSE.

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