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Thursday, February 26, 2015

INDIAN EQUITY MARKET OUTLOOK-27 Feb 2015

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INDIAN BENCHMARKS are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 34 points higher.
                             
Events for the day:
Bloomberg Feb. India Economic Survey
Fiscal Deficit INR Crore

Headlines for the day:
BEL-Rolta consortium bags defence contract worth Rs50,000 cr
Bharti Airtel raises Rs1,925 cr from stake sale in tower unit
Power Grid seeks $500 million loan from World Bank

Trend in FII flows: The FIIs were net buyers of Rs 2312.15  cr in the cash segment on Thursday while the DIIs were net buyers of Rs. 340.79  cr, as per the provisional figures released by the NSE.

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