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Thursday, February 19, 2015

INDIAN EQUITY MARKET OUTLOOK-20 Feb 2015

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INDIAN BENCHMARKS are expected to open on flat note today tracking a subdued trend in Global market. SGX Nifty is trading 13.00 points lower.Investors will remain cautious ahead of the Union Budget to be presented in the forthcoming week.
                             
Headlines for the day:
Apollo Munich expects to cross Rs1,000 crore GWP next fiscal year.
BEL to soon start production of Akash Missile system for Army.
IndusInd Bank to raise up to Rs2,000 cr via bonds, NCDs.

Trend in FII flows: The FIIs were net buyers of Rs 1542.7 cr in the cash segment on Thursday while the DIIs were net sellers of Rs. -195.74 cr, as per the provisional figures released by the NSE.

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