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Sunday, December 14, 2014

INDIAN EQUITY MARKET OUTLOOK-15 Dec 2014

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INDIAN BENCHMARK are likely to open lower tracking weak global weighed down by sharp fall in crude oil prices. SGX Nifty is trading 38.50 points lower. The Indian equity market is expected to start the week on a negative note on the back of weak global cues and poor macro data.
                      
FURTHER, ONGC to use GSPC's under-sea infrastructure for KG find.

Oil India signs contract for two oil blocks in Myanmar.

Hinduja group acquires UK's Old War Office building.
                                       
Trend in FII flows: The FIIs were net sellers of Rs - 864.96 cr in the cash segment on Friday while the DIIs were net buyers of Rs. 323.41 cr, as per the provisional figures released by the NSE.

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