INDIAN BENCHMARK are likely to open higher today as investors cheer better than expected Q2 GDP data which showed that Asia’s third biggest economy expanded 5.3 per cent, year on year in the July-September 2014 quarter. SGX Nifty is trading 13.50 points lower.
FURTHER, United Spirits minority shareholders reject 9 proposals at EGM.Hero Moto plans to set up manufacturing plants in Brazil, Argentina.Tata Power may not source coal from Indonesia for Mundra.
Trend in FII flows: The FIIs were net buyers of Rs 935.86 cr in the cash segment on Thursday while the DIIs were net sellers of Rs. -439.31 cr, as per the provisional figures released by the NSE.
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