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Wednesday, February 11, 2015

INDIAN EQUITY MARKET OUTLOOK-12 Feb 2015

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INDIAN BENCHMARKS are likely to open on a flat note as the global cues look mixed with SGX Nifty trading 1.50 points lower.
                             
Events for the day:
Index for Industrial Production (YoY)
Consumer Price Inflation (YoY)
Accel Frontline OFS opens today

Results for February 12, 2015:
Bajaj Electrical, CESC, Cipla, Finolex Cables, GSK Pharma., Hindalco Inds., Max India, MRF, P&G, Amtek Auto, Reliance Capital, Gujarat Gas, Tata Comm, Neyveli            Lignite, BHEL, SCI, Future Retail, PI Inds., Bank of India, Coal India, Page Inds., Glenmark Pharma., IGL, Sadbhav Engg., Sobha, Indiabulls Real Est.
                                   
Headlines for the day:
India Cements posts net loss of Rs11.7 crore
Grasim, Aditya Birla Chem to merge
Natco Pharma's US partner Mylan files application with USFDA

Trend in FII flows: The FIIs were net sellers of Rs -371.27cr in the cash segment on Wednesday while the DIIs were net buyers of Rs. 147.49 cr, as per the provisional figures released by the NSE.

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