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Wednesday, November 12, 2014

INDIAN EQUITY MARKET OUTLOOK-13 Nov 2014

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INDIAN BENCHMARK  are likely to open higher today after better than expected consumer inflation data signaled hopes of an earlier than expected rate cut by the RBI while a rebound in factory output pointed to a pickup in growth in Asia’s third biggest economy. SGX Nifty is trading 11.00 points higher

FURTHER, Bharti Infratel seeks to buy Voda, Idea towers in 7 circles,Unitech posts Rs15 cr loss in Q2,Ruchi Soya sells its subsidiary to Golden Agri

Trend in FII flows: The FIIs were net buyers of Rs 459.47 cr in the cash segment on Wednesday while the DIIs were net sellers of Rs. -559.44, as per the provisional figures released by the NSE.

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