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Sunday, December 28, 2014

INDIAN EQUITY MARKET OUTLOOK-29 Dec 2014

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INDIAN BENCHMARKS are likely to open on a flat to positive note as the global cues look mixed. SGX Nifty is trading 27.00 points higher.

FURTHER,  Lupin eyes acquisitions in US, Europe.
KFA's 2-year term to renew its flying permit expires on Dec 31.
Sumitomo Mitsui may take up to 10% stake in Reliance Bank.

Trend in FII flows: The FIIs were net buyers of Rs 39.97 cr in the cash segment on Friday while the DIIs were net buyers of Rs. 417.29 cr, as per the provisional figures released by the NSE.

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